Forrester Blog - Business Process & Applications - Feb 03, 2010Initiate Systems, Inc.
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Rob Karel
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Forrester ResearchAs I mentioned in my blog post last week when discussing Informatica's acquisition of Siperian, there was a rumor that IBM was on the verge of acquiring Initiate Systems. Well today, , 2010, that rumor became reality when IBM announced their intent to acquire Initiate Financial details were not disclosed, but estimates value the deal anywhere between $300 $450 million
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<span class="sent">As I mentioned in my blog post last week when discussing Informatica's acquisition of Siperian, there was a rumor that IBM was on the verge of acquiring <span class="company">Initiate Systems</span>. </span> Well today, , 2010, that rumor became reality when IBM announced their intent to acquire Initiate Financial details were not disclosed, but estimates value the deal anywhere between $300 $450 million
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