Tuesday, December 20, 2005

IBM buys Bowstreet

IBM has bought privately-held Bowstreet Inc to make it easier for business customers to gather and view business information from different sources.

The acquisition is an expansion of IBM's business of enabling customers to gather computer information such as databases, electronic documents and financial applications and bringing them together under a single, easily-accessible framework.

This is a boost for the fast growing service-oriented architecture sector which are designed to make it easier for businesses to quickly find information stored in different formats and digital silos. This sector emerged form the corporate portal space.

IBM say customers using Bowstreet's technology combined with IBM's software have been able to build portal applications between two and 12 times faster than when using other tools.

So IBM keep chipping away, buying small infrastructure software companies. When will they do another transformative deal such as when they bought Lotus Notes? Come on Big Blue - give us something meaty to write about.

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