IBM is still aggressively acquiring software companies to flesh out its security suite. IBM announced an all cash plan to purchase Ontario-based data protection firm DataMirror for $161m.

DataMirror produces data protection and auditing software for different types of applications, databases, operating systems and hardware platforms. The software moves high volumes of data directly between relational databases, message queues and other data stores. The company has approximately 220 employees and more than 2,200 customers including FedEx Ground, First American Bank, Tiffany & Co. and Union Pacific Railroad.

This is a really small purchase for big blue and wont materially affect earnings either way, but it seems like a good fit and a reasonable price.

Tags:No Tags