IBM to acquire i2 for criminal mastermind software

[CrackSmokeRepublican]

Not good that a    Jew company is getting this... --CSR
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IBM to acquire i2 for criminal mastermind software
IBM will use i2's Analyst's Notebook and other products in its own criminal data analysis systems
By Joab Jackson
August 31, 2011 11:51 AM ET

IDG News Service - Expanding its portfolio of analytic software for state and local governments, IBM is in the process of acquiring security analytics software provider i2, the companies announced Wednesday. Terms of the deal were not disclosed.

Law enforcement agencies and corporate security departments use i2's software to pinpoint malfeasant activity within their logs of operational data. The company's Analyst's Notebook digital forensic software can display a visual diagram of people, places, or other entities, showing how different parties are linked.

I2 has more than 4,500 customers across 150 countries. The company said that 12 of the top 20 retail banks use its software. The Boston Police Department and the Criminal Justice System in Orange County, Calif., share criminal data through i2's Coplink platform. In a $9.6 million contract, the U.S. Army procured an enterprise license to use Analyst's Notebook in its troubled Distributed Common Ground Systems -- Army (DCGS-A) intelligence sharing system. Defense contractor Northrop Grumman folded i2's Coplink into a system it is providing to the Navy to track criminal information from multiple sources.

IBM plans to fuse i2's products with its own data collection, analysis and warehousing software. It will then offer packages based on this combinations to organizations looking to spot suspicious behavior within vast collections of data.

I2, which has 350 employees, is based in Cambridge, England, and has U.S. headquarters in McLean, Va. IBM will fold i2 into its software group. The deal is expected to close by the end of 2011.

IBM has been focusing more of its efforts on providing state and local government markets with analytics software and services, an effort it touts under the "Smarter Cities" marketing brand. The company is running a pilot project with Portland, Ore., to build a system to make usage predictions of municipal resources based off of operational data.

I2 is not related to software supply chain management software provider i2 Technologies, which was acquired by JDA Software group in 2010.

Joab Jackson covers enterprise software and general technology breaking news for The IDG News Service. Follow Joab on Twitter at @Joab_Jackson. Joab's e-mail address is http://www.computerworld.com/s/article/ ... xonomyId=9


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IBM to buy risk analysis company Algorithmics for $387M

IBM said Algorithmics' focus on credit and market risks will strengthen its advisory practice
By Jeremy Kirk
September 1, 2011 04:05 AM ET

IDG News Service - IBM plans to acquire risk analytics company Algorithmics for $387 million, a deal that will bolster its risk management offerings in light of increasing regulation in the financial markets, IBM said Thursday.

Algorithmics, founded in 1989, is owned by the Paris-based holding company Fimalac and is a member of the Fitch Group. It provides analytics software and advisory services to 25 of the top 30 banks, including HSBC, Societe Generale and Nedbank, as well as insurance and investment companies, according to a news release. It has more than 350 clients.

The company's software is used to analyze credit and capital risks as well as risk in markets. IBM said there is demand for risk analysis following regulations imposed after the global financial crisis.

IBM said once the acquisition clears regulatory approval and closes, 900 employees from Algorithmics will become part of its Software Group. Risk advisers from Algorithmics will work with IBM's Business Analytics and Optimization practice, a team of 8,000 consultants. Algorithmics' operations are located in Toronto.

IBM said it has spent more than $14 billion in acquisitions for that practice, which has a network of analytics centers.

The acquisition is the second one announced by IBM in the last two days. On Wednesday, IBM said it was in the process of buying i2, a maker of security analytics software used by the military and law enforcement. Terms of that deal were not announced.

http://www.computerworld.com/s/article/ ... xonomyId=9