IBM ( IBM) agreed to acquire Language Analysis Systems, a privately held developer of name-recognition technology that's based in Herndon, Va. Financial terms of the deal weren't disclosed. Language Analysis makes products that can be used to fight money-laundering and fraud by helping banks and financial institutions better find criminals who vary their names, as compliance assurance for insurance providers and for helping airlines recognize and identify passengers. "The global economy is outpacing our clients' ability to keep up with a changing world of customers, competitors and partners, and can impede their ability to capitalize on emerging opportunities, while making them more vulnerable to operational, reputational and legal risk," IBM said Thursday. "LAS technology provides a new level of accuracy and assurance to organizations that depend upon access to the right information, in the right context, at the right time." Shares of IBM ticked down 33 cents, or 0.4%, to $83.05.