IBM has acquired Exeros, a company that creates data discovery software, for an undisclosed amount. IBM says that Exeros’ technology will be used to strengthen IBM’s Business Analytics Optimization Consulting practice.
Exeros’ software uncovers hidden relationships between databases, helping users make sense of different data sources quickly and efficiently. For example, Exeros’ technology can help a credit card company or airline to consolidate frequent flier award programs from multiple databases containing millions of client records, down to a single, master view of all customer information within days. Over the next several months, IBM plans to integrate Exeros’ technology within IBM’s Information Management Software portfolio.
In IBM’s first quarter earnings call a few weeks ago, IBM CFO Mark Loughridge said the company was “optimistic about their acquisition strategy in the coming year,” when asked about this Oracle’s recent acquisition of Sun Microsystems. IBM withdrew is $7 billion offer to buy Sun a few weeks ago, but it appeared that talks may were have been renewed between the two companies.