IBM has announced that it has reached an agreement to acquire Net Integration Technologies Inc., a company that offers a business server software solution for small businesses.

"Small businesses need superior collaboration technology as much as large companies do," said Michael D. Rhodin, general manager, IBM Lotus Software. "The difference is that it must be an affordable turnkey package that doesn't require a large investment in on-site IT expertise and resources. Net Integration Technologies meets that need for our SMB customers and represents a terrific business opportunity for IBM's business partners."

"Net Integration has proven that it takes a unique approach to meet the specialised IT needs of small, medium and remote offices," said Ozzy Papic, president and CEO of Net Integration. "We have delivered award-winning solutions for small-business budgets, making information technology simple and reliable for SMBs. Now we look forward to working within IBM to utilise this technology in exciting new ways."