IBM announced it will acquire San Francisco-based Micromuse in a cash transaction valued at about $865 million.
IBM continues to expand its telecom-related portfolio of products. Micromuse is a maker of voice-, VoIP- and video-traffic management software. Micromuse's Netcool suite is an engine for event collection, consolidation, and correlation. The solution provides real-time IT monitoring with business impact analysis, and is designed to assist organizations in proactively managing critical applications and services and also helps to control operational costs.
Taken together with last month's IMS announcement, IBM is clearly staking its territory as a player to be reckoned with as telcos continue to evolve to converged Next Generation Networks.
According to IBM, Micromuse will operate as a unit within IBM’s
Micromuse brings with it approximately 1,800 customers, including Time Warner/AOL, E*trade Financial, and Verizon.
Cash transaction. Haha. Wow.
That would have to be a holy moment for those grunts who actually had to CARRY that much money.
With Skype going for $4BN, I guess I'm not too surprised. It's like the 90's bubble all over again...
paints a scenario that shows that things are not altogether perfect when it...