IBM Acquires BuildForge, Inc. to Help Organizations Meet Compliance Demands

IBM Acquires BuildForge, Inc. to Help Organizations Meet Compliance Demands

IBM today announced it has acquired BuildForge, Inc., a privately held software company based in Austin, Texas. Financial details were not disclosed. BuildForge helps customers automate their software development processes, as well as meet audit and compliance mandates. BuildForge software helps software development teams document what was created, how it was developed, and where the application was deployed.

Organizations are increasingly under pressure to deliver enterprise products and services faster. In addition, development organizations are hard pressed to manage complex applications and coordinate globally distributed development while maintaining high quality software. They are faced with the need to meet compliance mandates — either from external or internal pressures — that require complete traceability and audit trails that demand a new flexible development infrastructure.

BuildForge technology, in combination with IBM Rational software, can help organizations alleviate these challenges by providing an integrated offering that can allow teams to automate, track, audit and analyze their application development lifecycle, often using the tools they have in place today. As a result, they can increase product quality, team efficiency and move toward achieving sustainable compliance management. The acquisition further strengthens IBM’s leadership in helping our clients innovate and grow. According to the IBM 2005 Global CFO Study of CFOs and senior Finance professionals in 74 countries, 59% stated that compliance programs and strengthening the internal control environment are the most important areas of focus in their departments.

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