IBM buys Princeton Softech

IBM plans to acquire Princeton Softech and add software of a closed company to its own collection of applications that help enterprises manage a growing amount of information.

Princeton (New Jersey, USA) Princeton Softech company consists of 240 employees and specializes in developing software for archiving, classifying and locating data, keeping them private. Bernie Spang, IBM director of database servers, says that acquiring this company will give IBM users new tools for working with non-ibeam database systems, including SQL Server and Oracle.

Just organizations that collect more information should deliver it to users more quickly, as well as limited instructions. It is to them that Princeton software should help manage data more cost-effectively, ensuring secrecy and following instructions, such as the Sarbanes-Oxley Act.

IBM also buys the Princeton tool for testing data management software, which can be used to create the test databases needed when testing new software and settings. Spang says that in the test database information about employees, customers, etc. hidden so that the real information cannot be stolen or damaged during the test.
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The transaction, whose financial terms were not disclosed, is expected to close at the end of this year. Then the Princeton Softech products will become part of the IBM Information Management Software division.