IBM grabs crime-fighting i2

IBM plans to acquire UK company i2, which specialises in analytics for crime and fraud analysis and detection.

IBM plans to acquire UK company i2, which specialises in analytics for crime and fraud analysis and detection.

IBM hopes to pair its real-time analytics with i2's technologies to produce products for public sector authorities that want better tools to study security threats, IBM said in its announcement on Wednesday. Cambridge-based i2 produces analytics software for the banking, defence, health care, security and insurance industries, among others. It has over 4,500 customers in 150 countries, IBM said.

"The combination of i2's products and IBM's advanced data collection and warehousing technologies will be compelling for clients seeking to enhance situational awareness and make connections between seemingly unrelated information from oceans of data," Robert Griffin, chief executive of i2, said in an IBM statement.

For more on this story, read IBM snaps up British big data specialist i2 on ZDNet UK.