IBM to Acquire TRIRIGA

IBM announced a definitive agreement to acquire TRIRIGA Inc., a provider of facility and real estate management software, to accelerate its smart buildings initiatives. The transaction is expected to close in Q2 2011, subject to regulatory approval.

“IBM has announced a definitive agreement to acquire privately-held TRIRIGA Inc., a Las Vegas-based provider of facility and real estate management software solutions, which IBM said will accelerate its smart buildings initiatives.”

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