ARMONK, NY — 07 Feb 2013 IBM (NYSE: IBM) today announced it has completed the acquisition of StoredIQ, a privately held company based in Austin, Texas. The acquisition advances IBM’s efforts to help clients derive value from big data, respond more efficiently to litigation and regulations, and dispose of information in an automated way that has outlived its purpose.
Conrad Labs has provided StoredIQ supplemental product development, quality assurance, and production operations services since early 2012. Conrad Labs will continue to work on StoredIQ with IBM through the acquisition transition phase.