Wednesday, December 21, 2005

IBM to Buy Micromuse for $865M

An AP newswire article, via The Washington Post, reports that:

International Business Machines Corp. said Wednesday it agreed to acquire Micromuse Inc., which makes software that manages video and voice traffic on computer networks, for about $865 million in cash.

San Francisco-based Micromuse's software is used to monitor and manage network traffic by about 1,800 clients as Time Warner Inc.'s America Online, E-Trade Financial Corp., Verizon Communications Inc. and other corporate and government customers.

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