IBM will acquire Tririga Inc., a software maker whose products make operations and management of real estate more efficient, for an undisclosed amount.
The deal is expected to close in the second quarter, IBM said Tuesday.
IBM said buying the privately held, Las Vegas company will accelerate its smarter buildings initiatives, which use technology for a variety of tasks including improving energy efficiency and cutting down on printing.
Tririga's software helps companies optimize building use and make long-term real estate planning decisions. It also has software for evaluating building conditions and deciding how to prioritize investments in upgrades, and for monitoring facilities' environmental impact to pinpoint systems that need improvement.
Tririga, which has about 200 employees, will become part of IBM Tivoli Software and IBM Global Business Services divisions.
Shares of IBM Corp. edged up 10 cents to $157.78 in afternoon trading.