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Algorithmics acquired by IBM

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Overview

Acquired Organization:

Algorithmics
Algorithmics offers enterprise risk solutions to help financial institutions understand and manage risk.

Acquiring Organization:

IBM
IBM is an IT technology and consulting firm providing computer hardware, software, and infrastructure and hosting services.
Announced Date Sep 1, 2011Completed On Date Oct 21, 2011Acquisition Type AcquisitionPrice $380.2MAcquisition Status CompleteDisposition of Acquired Organization Combined
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