IBM Buys Information Management Software Company PSS Systems

Wednesday, 13 October 2010 15:57

IBM Buys Information Management Software Company PSS Systems

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IBM is continuing its shopping spree today with the acquisition of PSS Systems, a company that builds an information management software suite. Terms of the deal were not disclosed. PSS Systems' software helps organizations manage information governance policies

across massive amounts of electronic business information while avoiding legal risk, and discovery and data management costs. The company's Atlas Suite provides data management features including legal holds, discovery workflow, regulatory compliance and data governance. Clients include Abbott, BASF, ConocoPhillips, First Data, GE, Pfizer and Williams.