IBM buys compliance software firm OpenPages

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IBM on Wednesday announced that it has agreed to acquire Waltham, Mass.-based risk and compliance management software provider OpenPages for an undisclosed sum. In a news release, IBM said the acquisition will expand its ability to help businesses address risk management and compliance challenges. OpenPages, which will be integrated within IBM's Business Analytics software portfolio, offers solutions to assist organizations with internal audits, vendor risk management and IT risk and compliance management. The company has more than 200 clients, including Barclays, Duke Energy and Carnival Corp. — AM

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