IBM Completes Arsenal Acquisition
IBM completes acquisition of Arsenal Digital Solutions
February 2, 2008
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ARMONK, N.Y. -- 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. Arsenals 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.IBM Corp.
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