IBM Acquires Intelliden
Big Blue will integrate network software and service provider into its Tivoli line.
IBM said Tuesday that it bought out Intelliden, Inc., a provider of network automation software for telecom companies and other service providers.
Financial terms of the deal were not disclosed. IBM said it plans to integrate Intelliden's offerings into its Tivoli line of middleware.
"The typical company is managing a more complex and ever changing infrastructure—stretched across digital and physical assets," said Al Zollar, IBM's general manager for Tivoli products, in a statement.
"Companies are managing a virtualized computing layer that more than ever relies on the network. Intelliden's intelligent network automation is an important addition to IBM's portfolio to extend automation across all business and IT assets," said Zollar.
Intelliden execs said the company's existing products and services are a good fit with IBM's efforts to provide customers with advanced, network automation software and services.
"Networks have become a critical part of the overall IT fabric, and organizations are demanding tighter integration and management of the entire infrastructure, including applications, storage, servers, and networks," said Alan Black, Intelliden's president and CEO.
"Intelliden provides leading open, scalable, and comprehensive network automation solutions, and this acquisition opens a world of new opportunities for our customers, partners, and employees," said Black.
"We are excited to be part of the IBM team to raise the bar by delivering the industry's most advanced IT service management solutions backed by world-class sales, services, support, and alliance organizations," Black added.
IBM shares closed up .99%, to $125.23, in trading Tuesday on the New York Stock Exchange.
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