IBM today completed an acquisition to strengthen its IBM Connections enterprise collaboration offerings.
IBM based in Armonk, NY acquired XCC technology from its partner, based in Cologne, Germany TIMETOACT GROUP. XCC is a digital work center that IBM officials say will create a personalized “one-stop” home page for employees. The company made the announcement during its Collaboration conference DNUG44 in Berlin this morning.
The XCC hub will be renamed IBM Connections Engagement Center and will live under the portfolio of IBM Connections, IBM’s enterprise collaboration suite that rivals Microsoft, Slack and Atlassian.
One more sign of consolidation to come?
IBM’s move comes the same month as another major acquisition in the enterprise collaboration space: the acquisition of Jive Software by ESW Capital for $ 462 million. In other important acquisition news, Atlassian acquired task management provider Trello in January for $ 425 million.
Could IBM‘s move signals more consolidation to come in space? Analysts had predicted it in January.
After the acquisition of Atlassian, analysts told CMSWire the industry may see further consolidation, particularly with the purchase of asynchronous collaboration tools by more enterprise collaboration chat providers. .
– Alan Lepofsky (@alanlepo) May 31, 2017
IBM Connections Engagement Center
IBM officials said the addition of XCC gives IBM a “single, accessible engagement center for organizational news and content.”
It will be a hub for employee communication, information sharing, integrated applications and other peer-to-peer collaborations, IBM officials said.
IBM Connections Engagement Center is expected to be available in the third quarter of 2017.
Officials said the XCC hub is designed to:
- Distribute news, content from executives and employees of all levels, resources, events, files, links and apps through a personalized site
- Create landing pages for senior executives that can be integrated into a single view and managed by different departments
- Allow users to create and maintain shareable content on the TIMETOACT GROUP product home page
Inhi Cho Suh, general manager of collaboration solutions at IBM, pledged that TIMETOACT GROUP’s XCC will provide tools to “increase employee engagement and reduce content fragmentation.”
– Erik Wuestner (@efred) May 31, 2017
Felix Binsack, Founder and CEO of TIMETOACT GROUP, called the integration of XCC and IBM Connections “a single platform for internal communications and enterprise collaboration”.
Financial details of the exchange were not disclosed. The company said it will make pricing available for on-premises and cloud deployments in the coming months.