14 DAY TRIAL // It may or may not have something to do with how ridiculous certain patent wars are getting, but IBM has signed an acquisition deal with StoredIQ.
In addition to enhancing IBM's ability to help its clients “derive value from big data,” the company will also provide new means of disposing of obsolete information, thus lowering data storage costs.
IBM already has a certain service called Information Lifecycle Governance.
StoredIQ will improve four of its prerogatives: enabling businesses to realize the full value of information as it ages, correctly assessing the value of information in the first place, automating certain operations (privacy, e-discovery, and regulatory policies) and disposing of unneeded data, thus cutting unnecessary risks and costs.
The financial terms of the deal have not been disclosed. The acquisition should be complete by the end of the first quarter of 2013.