Software giant EMC starting the New Year with another acquisition. EMC is acquiring Archer Technologies, a company that develops governance, risk and compliance software. The terms of the deal were not disclosed. The acquisition is expected to close in the first quarter of 2010.
Archer Techonologies’ software will be folded into EMC’s Security Division. The company has six million licensed users of its software and boats and impressive client list that includes 25 of the Fortune 100. The software tracks the lifecycle of corporate policies and objectives, analyzes and manages business risks, and compliance. EMC says that Archer’s technology will help its customers manage risk in their IT infrastructure.
EMC has made quite a few acquisitions in 2009; buying SourceLabs, FastScale Technology, Data Domain, Configuresoft and Varonis Systems. It looks like the purse strings are opening up again this year.