IBM purchases Micromuse for $865 Million

By Justin Mann on December 21, 2005, 6:31 PM
For the sum of $865 Million cash, IBM is outright purchasing Micromuse in order to add the company to it's Tivoli branch. Tivoli is a branch of IBM geared to support business software infrastructures, among other things. Primarily, Micromuse does diagnostics and schematics, and IBM hopes to use their technology in order to create self-managing and self-diagnosing software for both security and stability, such as the ability to be able to intelligently detect network intrusions. IBM absorbs the more than 1800 customers Micromuse currently has.




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PanicX said:
$865 million for 550 employees. Not like its an even breakdown, but if they offered options to the employees, then theres a lot of happy people.
Subservient said:
IBM has been expanding immensely in the past few years. Especially with Tucson. Back in september they expanded and welcomed 50 new employees who are currently working on new technology. The entire payroll for the 1800 employees of Tucson is just over $155 Million. That is in Tucson alone!! IBM has something big planned for the new year and I'm excited to see what it is.
MonkeyMan said:
Awesome, IBM is a huge company, I remember back in the days of early computers, when there was like those huge floppy disks that you had to insert inside your IBM computer lol. Man, IBM has come a long way in computer history and development.
Bartzy said:
I hope they don't care only about the costumers and will not fire some of the employees in Micromuse (funny name btw :))...This kind of transactions are happening all the time. It's just giant's control fights in the market...865M $ is a penny for IBM, I don't think they even blink when they hear this number.
PanicX said:
[b]Originally posted by Bartzy:[/b][quote]865M $ is a penny for IBM, I don't think they even blink when they hear this number. [/quote]Not likely, $865M is nearly 10% of their gross profit from last quarter. While it definitely isn't going to cripple them, 10% of your profit is nothing to take lightly, anyone who pays income tax can understand this.
MonkeyMan said:
Well with any business, the main goal is to earn more than you lose, no matter how much or how less it is. And yes, I really understand what your saying panic. Billions and Billions of dollars, man I just love saying that lol.
barfarf said:
Intersting i wonder what IBM wants to become. About a t year ago they sold their ThinkPad brand and PC business to Lenova of China for $1.75 bilion. Read more about it here..[url]http://www.msnbc.msn.com/id/6650782/site/newsweek
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mentaljedi said:
They shouldn't have given away the ThinkPad but yeh, they've definatly been acting wierd latley. Oh well, as it always is with the computer market, only time will tell.
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