IBM announced it has entered into an agreement for IBM to acquire Princeton Softech Inc., a privately-held company based inPrinceton, New Jersey, that provides leading data archiving, test data management, data privacy and data classification and discovery software.
This acquisition furthers IBM's cross-company Information on Demand business initiative by enabling customers to address their escalating information management challenges and improve database performance by segregating historical data from current data and storing it securely and cost-effectively. Princeton Softech's test data management solutions also help customers protect data privacy and contain costs by creating realistic, right-sized test databases where sensitive data can be masked and protected. The combination of IBM and Princeton Softech will help customers reduce operational costs while avoiding performance degradation and effectively managing their compliance requirements.
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