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IBM Completes Acquisition of Vallent
Software to Help Service Providers Manage Telecommunications Networks, Maintain High Customer Satisfaction
Armonk, NY -- 14 Feb 2007: IBM (NYSE: IBM) today announced it has completed its acquisition of Vallent Corporation, a privately held software company based in Bellevue, Washington with more than 400 employees. IBM announced a definitive agreement to acquire Vallent on November 28, 2006. Vallent's operations will be integrated into the IBM Software Group's Tivoli Software unit.
Vallent's software helps service providers manage the performance of their network infrastructure through monitoring and reporting problem areas such as dropped telephone calls and traffic bottlenecks. The software also helps service providers improve service quality and identify network problems before they impact a customer's experience. Vallent adds significant wireless telecommunications expertise and technology to IBM.
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