IBM Completes Acquisition of Arsenal Digital Solutions
Posted on: Friday, 1 February 2008, 09:00 CST
IBM (NYSE: IBM) today announced it has completed its acquisition of Arsenal Digital Solutions. Arsenal is a privately held company based in Cary, North Carolina, with a comprehensive suite of on-demand data protection solutions.
IBM had announced an agreement to acquire Arsenal on December 6, 2007. With the acquisition complete, Arsenal will be integrated into the Business Continuity and Resiliency Services (BCRS) business unit in IBM Global Technology Services.
With the acquisition of Arsenal, IBM can provide global clients with security-rich information protection services designed to handle increasing data retention requirements. Arsenal's services are already used by thousands of clients in a wide range of industries including healthcare, hospitality and manufacturing.
With forty years of global experience in the business continuity arena and more than 150 BCRS recovery centers worldwide, IBM has deep industry-specific knowledge and a broad range of major clients and leading services, for an unmatched end-to-end portfolio. Together with Arsenal, IBM is a leading provider of information protection services for clients of all sizes.
The acquisition of Arsenal bolsters IBM's strategy to blend software, hardware, and research into replicable, asset-based standardized services that can be used with multiple clients to help them transform their businesses.
More information about IBM and Arsenal is available at www.ibm.com or www.arsenaldigital.com.
IBM and the IBM logo are trademarks or registered trademarks of International Business Machines Corporation. All other company and product names and service marks may be trademarks or registered trademarks of their respective companies.
Media contact: Tim Willeford IBM 914-766-4618 twilleford@us.ibm.com
SOURCE: IBM
Source: MARKET WIRE
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