IBM to Acquire Risk Analytics Software Company

  • September 1, 2011

September 1, 2011- IBM announced the acquisition of risk analytics software provider, Algorithmics, for $387 million.  Algorithmics supplies software to 25 of the top 30 banks and a large number of insurers.  Customers include The Allianz Group, HSBC, Nomura, and Societe Generale.


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