IBM Acquisition Bolsters Rational
IBM's purchase of project portfolio management software maker Systemcorp is aimed at beefing up its Rational tools division.In a move aimed at beefing up its Rational tools division, IBM announced on Tuesday that it has signed a definitive agreement to acquire Systemcorp ALG Ltd., a Montreal-based project portfolio management software company. The companies did not disclose terms of the deal, although the acquisition is expected to be completed within 30 days and Systemcorps products are expected to be available from IBM about 30 days after completion of the deal.
IBMs Steve Mills speaks out about the integration of Rational into IBM. Read the interview.