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IBM to acquire MRO Software for $740 million

By John Blau , IDG News Service , 08/03/2006
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IBM agreed to buy MRO Software for about $740 million in a move to bolster its software and services offerings, the Armonk, N.Y., company said Thursday.

IBM plans to incorporate MRO assets and service management software into its Tivoli software products.

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The company intends to leverage MRO's software and management consultants to provide its clients with a single approach to managing all their industrial and IT assets, IBM said.

Since MRO's offerings are built on a modern architecture, they can be easily integrated into IBM's systems based on a service-oriented architecture, IBM said.

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