You are here: silicon.com > Software > Applications

Applications

IBM splurges $740m on asset management firm

Oh MRO...

Tags: mro software, asset management, ibm

By Martin LaMonica

Published: 3 August 2006 16:05 GMT

IBM plans to spend $740m in cash to acquire MRO Software, a company that builds applications for managing industrial equipment.

MRO has customers in the manufacturing, utility and transportation industries that use the company's so-called asset management tools for keeping tabs on physical assets such as trucks and refineries.

In the past two years, MRO has expanded into IT asset management as well, a company spokesperson said on Thursday.

IBM said it will incorporate the asset management tools into its Tivoli line of systems management software. MRO will operate as a business unit within Tivoli.

Al Zollar, Tivoli general manager, said in a statement: "This acquisition will provide companies with a single view into all of their assets, helping them to maximise efficiencies, drive productivity and innovate business processes across the enterprise."

MRO Software's products are built using a services-oriented architecture, or SOA, which will make product integration easier, the companies said.

The two companies have been partners since 1996, when IBM acted as a systems integrator in implementing MRO Software.

The acquisition comes one day after IBM bought Webify Solutions, which builds SOA software for the insurance and finance industries.

IBM's software group has been a consistent acquirer of both large and small companies over the past 10 years, having made more than 50 acquisitions.

Martin LaMonica writes for CNET News.com

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

Clive Longbottom Windows 7: Not perfect - but ready for prime time Microsoft's latest OS fixes most of Vista's ills - but still has challenges ahead

Stephen Kleynhans Mind the details with Windows 7 Just because it might work better than Vista, it doesn't mean you can be sloppy


  • Jobs
Consultant - Asset Management/UKPMS

Your role will involve the implementation of Asset Management Software on client site and providing advice and guidance and functional support to the ...

Tivoli Maximo v6 and 7 Consultant - get Training +Accreditations

You must be a hands on technical consultant with recent experience of deploying, configuring and or providing 3rd line support with MRO`s Maximo now ...

National Sales Manager - Telecoms

Maximise the product mix or deal shape towards higher margin sales within your customers and prospects by selling to retain as much MAOV in keeping ...

Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: