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IBM buys Princeton and a degree of archiving know-how

Another day, another M&A
Fri Aug 03 2007, 17:52
IBM IS FLASHING the cash once again, this time buying Princeton Softech, a privately-held data archiving and discovery firm.

Everybody knows that Oracle has had the M&A munchies recently with anybody for whom the words “enterprise” and “software” could be used deemed fair game for shifting HQ to Redwood Shores. However, IBM has also been on something of a spree too.

Princeton will join a gang of others being recruited to bolster Big Blue's Information On Demand push which would appear to embrace large sections of the software universe. Specifically, this deal will give IBM a bigger say in software for compliance routines to support corporate governance.

In the last couple of months alone, IBM has agreed to buy Data Mirror and Telelogic and the total of recent deals in Information On Demand is north of 20.

With HP also on the buyout warpath, enterprise software is beginning to resemble a game of Monopoly. µ


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