IBM is to acquire mainframe management software company Isogon Corporation for an undisclosed sum.
Isogon’s products track applications and measure their usage on mainframe computers.
Isogon’s operations will be integrated into IBM’s
The acquisition builds on the companies’ existing relationship, which includes more than 200 shared customers worldwide.
IBM said its acquisition would help it tap into the growing demand for software that simplifies and automates the way companies manage software expenditures and usage.
Analyst IDC said overall spending on worldwide IT asset management would increase from $971m (£524m) in 2004 to $1.33bn in 2009.