IBM on Wednesday acquired information management company StoredIQ Inc., adding data management and reduction technology to Big Blue’s e-discovery and storage product lines.
StoredIQ formed in 2001 and quickly gained customers and partners. Litigation support staff and data storage managers use its software to reduce overlapping and irrelevant data. IBM rivals EMC Corp., Hitachi Data Systems Corp., and Symantec Corp. are among StoredIQ’s technology partners all allow their data archiving products to be managed through various StoredIQ products although they are less likely to encourage their customers to use StoredIQ products due to the current deal, IBM vice president of information lifecyle governance Deidre Paknad acknowledged.
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