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IBM Adds To Big Data Lineup With StoredIQ Buy

IBM is adding to its big data portfolio with its acquisition of StoredIQ, a storage analytics technology vendor that helps organizations respond to litigation and regulations, dispose of information that has outlived its purpose, and lower data storage costs.

The acquisition is expected to close in the first quarter of 2013, and IBM plans to add StoredIQ to its Software Group and its Information Lifecycle Governance business.