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IBM says plans to acquire Transitive Corp
	
Tue Nov 18, 2008 5:00pm EST
 
	 
               
       
	
	
	 
		
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BOSTON (Reuters) - International Business Machines Corp said on Tuesday that it plans to acquire privately-owned Transitive Corp, whose technology helps businesses use software on IBM computers that was designed to run on rival systems.
    
Financial terms were not disclosed.
    
Armonk, New York-based IBM already bundles programs from Los Gatos, California-based Transitive with software that it packages with some of its computer systems.
    
(Reporting by Jim Finkle; editing by Carol Bishopric)
    
    
    
      
      
      
          © Thomson Reuters 2008 All rights reserved
    
               
      
	
    
		
 
	
		
 
		
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