IBM Completes Acquisition of Consul
Company to Help Accelerate Data and Governance Strategy for IBM
ARMONK, NY - 24 Jan 2007: IBM (NYSE: IBM) today announced it has completed its acquisition of Consul risk management international, B.V., a privately held software company headquartered in Delft, Netherlands, with a principal office in Herndon, Virginia.
IBM announced a definitive agreement to acquire Consul on December 5, 2006. Consulís operations will be integrated into the IBM Software Groupís Tivoli software brand. More than 350 customers around the world rely on Consul to accelerate their security audit and compliance efforts, including Ford, Kroger, Office Depot, Hanes and Fidelity Bank.
ďAs a customer of Consul since 1994 and IBM since 1970, the Philadelphia Stock Exchange is excited about this acquisition,Ē said Bernie Donnelly, Vice President, Quality Assurance Group, Philadelphia Stock Exchange. "We already use the Consul zSecure suite as a hub for our security management and are looking forward to expanding our Consul InSight suite with IBM Tivoli Security Management products for an even more comprehensive security management solution.Ē
This acquisition builds upon IBMís Service Management initiative by adding key data governance and compliance monitoring, auditing and reporting capabilities across mainframe and distributed environments, a unique capability unmatched by other competitors. Service management provides the backbone for a wide range of business services. It weaves together processes for executing stock trades or delivering voice over IP calls. It also integrates processes that protect sensitive financial data from being accessed by intruders and helps companies share information about their products and customers.
For more information, go to www-306.ibm.com/software/tivoli/welcome/consul/.
IBM and Tivoli are trademarks of International Business Machines Corporation in the United States, other countries, or both. Other company, product or service manes may be trademarks or service marks of others.
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