IBM to acquire Princeton Softech

04 August 2007

IBM will acquire Princeton Softech Inc, Princeton- based privately held companythat provides leading data archiving, test data management, data privacy and data classification and discovery software. Financial details were not disclosed.

IBM says the acquisition would strengthen its cross-company information-on-demand business by enabling customers to address their escalating information management challenges and improve database performance by segregating historical data from current data and storing it securely and cost-effectively.

Princeton Softech''s test data management solutions also help customers protect data privacy and contain costs by creating realistic, right-sized test databases where sensitive data can be masked and protected. The combination of IBM and Princeton Softech, says Big Blue, will help customers reduce operational costs while avoiding performance degradation and effectively managing their compliance requirements.

IBM plans to integrate Princeton Softech''s product offerings into IBM''s Software Group as part of its Information Management Software division. The addition of Princeton Softech''s technology will expand IBM''s capabilities in the area of Enterprise Data Governance. In particular, Princeton Softech will boost IBM''s ability to offer clients integrated data classification, archiving, and test data management and data privacy solutions across heterogeneous application and database environments.

IBM''s strategy is focused on providing customers with the data they need when they need it in order to quickly respond to market needs, rapidly identify new business opportunities, efficiently ensure data governance and improve business results.

"Organizations of all sizes worldwide face the challenge of effectively managing their surging data volumes, particularly given growing governance and compliance requirements," said Ambuj Goyal, general manager, IBM information management.