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 newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags Mergers and acquisitionsbusiness issuesIBMsoftwareapplicationsdata mining

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

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?