S3 Ventures has sold StoredIQ to IBM
Client: S3 Ventures
Client Location: United States
Target: StoredIQ, Inc.
Target Location: United States
Acquirer: IBM Corporation
Acquirer Location: United States
Target Description: StoredIQ provides information governance solutions to automate information management process.
“StoredIQ was a great example of the strategic audit at work, given that our ability to connect the company with buyers ensured that StoredIQ was well known by decision makers at acquirers as they were undergoing build versus buy discussions,” cited Clark Spurrier, Managing Director at Lincoln. “We were diligent in educating buyers on StoredIQ’s unique value proposition such that IBM ultimately acquired the company for a technology that it had yet to release to market.”
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