IBM and Micromuse Inc. (Nasdaq: MUSE) today announced the two companies have entered into a definitive agreement for IBM to acquire the equity of Micromuse Inc., in an all-cash transaction at a price of approximately $865 million, or $10 per share.
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Micromuse Inc. (Nasdaq: MUSE);
ADVISORS
INTEGRATION
Establish Micromuse‘s operations as a business unit within IBM’s Tivoli software division led by General Manager Al Zollar.
Incorporate Micromuse software technology and solutions into IBM’s Tivoli software offerings, as well as IBM hardware and services.
Market and sell Micromuse software products through IBM’s and Micromuse‘s worldwide sales channels and IBM Business Partners.
Build upon the companies’ existing business relationship, which includes more than 500 joint customers worldwide.
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