IBM plans to buy e-discovery firm StoredIQ

IBM will roll StoredIQ software into its information governance portfolio

In a move to expand its portfolio of information governance software, IBM is acquiring e-discovery software vendor StoredIQ.

Founded in 2001, StoredIQ offers e-discovery systems that help organizations index, store, de-duplicate and delete their unstructured data. The process, which IBM calls information lifecycle governance, can help organizations comply with regulations, respond to litigation and cut storage costs by reducing data volume.

StoredIQ is the latest in a number of acquisitions IBM has made in the information management space. IBM purchased e-discovery vendor PSS Systems in 2010 and enterprise search vendor Vivisimo in 2012. IBM will fold StoredIQ into its software group, and will offer StoredIQ software as part of its Information Lifecycle Governance portfolio.

StoredIQ is a privately held company based in Austin, Texas, and has over 120 enterprise customers worldwide, including companies in the financial services, health care, government and manufacturing industries.

Because StoredIQ's architecture allows the software to run across multiple servers, it could manage petabytes worth of information. Because of this distributed capability, the company has recently rebranded itself as a big data vendor. The company also claims its systems can be installed and configured quickly, in hours rather than months that it says other e-discovery packages can take. StoredIQ delivers its software either on servers or in virtual containers.

Financial terms of the deal were not disclosed. IBM expects to complete the acquisition within the first three months of 2013.

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags business issuesapplicationsIBMdata miningsoftwareMergers and acquisitions

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Joab Jackson

IDG News Service
Show Comments

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?