IBM announced it has signed a definitive agreement to acquire the software assets of CrossAccess Corporation. The acquisition is expected to close later this month. Financial details were not disclosed. CrossAccess is a provider of infrastructure software that enables corporations to access information stored in mainframe databases and make it available for use with new business applications. The acquisition is meant to strengthen IBM’s enterprise information integration capabilities, a key strategic priority for its Data Management efforts and the company’s on demand computing initiatives. With CrossAccess technology integrated into DB2 Information Integrator software, IBM will be able to deliver a comprehensive enterprise information integration infrastructure. Once the acquisition is completed, IBM plans to integrate CrossAccess’ software assets and personnel into the Data Management Software group, narket and sell CrossAccess technology through the IBM sales force, and integrate CrossAccess technology into IBM’s DB2 Information Integrator software. http://www.software.ibm.com/data

Share