UPDATED 15:05 EDT / DECEMBER 20 2011

IBM Snatches up Curam as a part of Aggressive Analytics M&A Strategy

IBM embarked on a series of major software acquisitions recently in order to strengthen its portfolio across a wide range of sectors and industries.  Big Blue pursued the analytics angle for the most part with its previous buys, though the latest one is an exception.

Curam a company that makes social enterprise management software designed for organizations seeking a better way of delivering employee programs has been acquired today. The word “Curam” translates to “care and protection. “

Curam Software is used by health and human services, workforce services, and social security organizations around the world to deliver welfare, social insurance and both individual and employer based social programs. The Curam Software Platform allows government and providers to focus on lowering overall program costs by ensuring that the benefits and services provided address core issues and that people become more self-sufficient.

Terms of the deal were not disclosed. What is disclosed however is that Curam will be integrated into IBM’s efforts around Smarter Cities, a $34 billion market according to IDC.

Among the several analytics firms IBM recently acquired, the UK-based i2 focuses on the public sector as well. Its analytics offering is meant for crime and fraud prevention in metropolitan areas. Alongside its acquisition of i2 IBM also announced an agreement to buy Algorithmics for $387 million.

The company is focusing on the public sector and retailers in particular, based on its purchase history this month.  DemandTec was integrated into the tech giant as a part of a $440 million transaction announced on December 6, and Emptoris, a maker of supply chain insight extraction solutions, was added to the list last week. Emptoris’s software is also used by other industries, such as healthcare, energy production, etc.


A message from John Furrier, co-founder of SiliconANGLE:

Your vote of support is important to us and it helps us keep the content FREE.

One click below supports our mission to provide free, deep, and relevant content.  

Join our community on YouTube

Join the community that includes more than 15,000 #CubeAlumni experts, including Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many more luminaries and experts.

“TheCUBE is an important partner to the industry. You guys really are a part of our events and we really appreciate you coming and I know people appreciate the content you create as well” – Andy Jassy

THANK YOU