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IBM buys Mass. software company

April
18

IBM Corp. acquired Diligent Technologies Corp., a Framingham, Mass., technology company, the Armonk-based computing giant said today.

Terms of the deal weren’t disclosed.

Diligent, which has operations in Tel Aviv, Israel, develops “de-duplication” software that helps organizations reduce the amount and cost of of physical storage needed in data centers. Diligent will be folded into Armonk-based IBM’s System Storage business unit, Big Blue said.

Separately, IBM said it signed a $2.8 billion agreement with Cetelem, a subsidiary of French banking giant BNP-Paribas, to upgrade Cetelem’s consumer financial services operations in Argentina.

This entry was posted on Friday, April 18th, 2008 at 2:45 pm by David Schepp. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Banking, Commerce, IBM, International, Technology, Under contract

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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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