IBM Acquires Net Integration Technologies

January 21, 2008: IBM has announced that it has reached an agreement to acquire the Canadian based software company, Net Integration Technologies (NIT).

The financial terms of the detail haven’t been publicly released, but the acquisition will strengthen the business server software section of Big Blue thanks to NIT’s flagship solution which is targeted at small businesses.

"Small businesses need superior collaboration technology as much as large companies do," said Michael D. Rhodin, general manager, IBM Lotus Software. "The difference is that it must be an affordable turnkey package that doesn't require a large investment in on-site IT expertise and resources. Net Integration Technologies meets that need for our SMB customers and represents a terrific business opportunity for IBM's business partners."

NIT’s software package reached notoriety when it was receiving favourable reviews and being put on the same level as its far more expensive competitors, it’s also one of the few companies that tried to target small business’s running their first ever server. The deal is still subject to customary approval processes, but is expected to be finalised before the end of first quarter this year.

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