IBM announced it has entered into a definitive agreement to acquire Platform Computing, a privately held company headquartered in Toronto, Canada. The acquisition is anticipated to close in the fourth quarter of 2011, subject to the satisfaction of closing conditions. Financial terms were not disclosed. Platform Computing offers cluster and grid management software for distributed computing environments, and has 530 professionals working across ten global centers.
IBM Enters Definitive Agreement To Buy Platform Computing
TransUnion to acquire Neustar for $3.1B
TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.
Huvr raises $5M
Huvr, a cloud-based industrial asset management solution company, has raised $5 million.
American Express acquires fintech company Kabbage
American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.
AP to equip visual journalists globally with Sony imaging products
Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.
Equifax acquires Ansonia
Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.