IBM acquires UK business software maker Daeja

NEW YORK (AP) - IBM said Thursday it acquired Daeja Image Systems Ltd., which makes software meant to make it easier for businesses and IT workers to view large documents and images.

The companies did not disclose terms of the deal. IBM said Daeja's software allows users to open documents and images in hundreds of file formats even if they don't have the native application on their computer or mobile device.

U.K.-based Daeja was privately held.

Shares of IBM dipped 92 cents to $193.50 in Thursday morning trading.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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