VIEW EVENT INFORMATION: IBM
IBM Buys Risk Management Analytics Company Algorithmics For $387 million
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Status: Available Now!
Type: News
Date: Thursday 1 September 2011, 06:27 AM
Media: Techcrunch

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About the organization IBM:
Type: Business
Sub-Types: Computer, Computer Software, Computer Hardware, Website
Notable Organizations: IBM, Techcrunch
Is IBM making up for lost time? After acquiring crime data intelligence software developer i2 yesterday, Big Blue is announcing another purchase this morning. The company is buying Canadian risk management analytics software developer Algorithmics for $387 million. Algorithmics’ risk analytics software, content and advisory services are used by banks, investment and insurance businesses…
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