Sunday, March 01, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Crafted from Metal and Glass, Samsung Galaxy S6 and Galaxy S6 Edge Are Here
MWC: SanDisk Introduces New Mobile Flash Drives, iNAND 7132 Storage Solution And 200GB microSDXC Card
MWC: New Tablets By Lenovo
Firefox OS Expands with More Partners, Devices
MWC: MediaTek Releases SoCs For Smartphones And Tablets
HP Introduces The Spectre x360 Convertible PC
Acer Unveils Windows Phone 10-ready smartphone At MWC
New ZTE Grand S3 Smartphone Offers EyeVerify Authentication
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 Home > News > General Computing > IBM to ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, July 28, 2009
IBM to Acquire SPSS


IBM and SPSS today announced that the two companies have entered into a definitive merger agreement for IBM to acquire SPSS, a publicly-held company headquartered in Chicago, in an all cash transaction at a price of $50/share, resulting in a total cash consideration in the merger of approximately $1.2 billion.

The acquisition is subject to SPSS shareholder approval, applicable regulatory clearances and other customary closing conditions. It is expected to close later in the second half of 2009.

This acquisition is expected to further expand IBM's Information on Demand (IOD) software portfolio and business analytics capabilities, including the range of offerings available through IBM's recently-announced Business Analytics and Optimization Consulting organization and network of Analytics Solution Centers. The acquisition is also expected to strengthen IBM's Information Agenda initiative, which helps companies turn information into a strategic asset.

"With this acquisition, we are extending our capabilities around a new level of analytics that not only provides clients with greater insight -- but true foresight," said Ambuj Goyal, general manager, Information Management. "Predictive analytics can help clients move beyond the 'sense and respond' mode, which can leave blind spots for strategic information in today's fast paced environment -- to 'predict and act' for improved business outcomes."

The acquisition of SPSS will add a wide array of advanced analytic capabilities to IBM's IOD software portfolio enabling many new industry-focused solutions including: customer acquisition and retention for financial services, patient care improvement for the healthcare industry, crime prevention for public sector and ideal store location for retailers and manufacturers. In addition, software capabilities that address all industries will include demand forecasting, employee hiring and retention, customer profitability, credit scoring and fraud detection. All of these new offerings will help clients drive better business outcomes within their specific industries.

IBM said that it would continue to support and enhance SPSS technologies.

Following the close of the acquisition, IBM intends to integrate SPSS within IBM's Information Management software portfolio and into the many industry offerings already available.


Previous
Next
CyberLink's Full Product Portfolio Receives Windows 7 Compatibility Certification        All News        SDK Develops Organic EL Devices with Light Output of 40 Percent
Microsoft, Yahoo, Enter Search Engine Deal     General Computing News      SDK Develops Organic EL Devices with Light Output of 40 Percent

Get RSS feed Easy Print E-Mail this Message

Related News
IBM Unveils New Storage Solutions Based on Micron's Flash
IBM BigInsights Introduces Machine Learning With R
IBM Says Popular Dating Apps Are Vulnerable to Hackers
Cloud Cryptographic Algorithm Protects Personal Data
IBM Posts Fourth-quarter Results
IBM Launches Powerful z13 Mainframe
IBM Retains U.S. Patent Record in 2014
Intel, IBM Follow Different Strategies On 14nm FinFET
Apple and IBM Bring Big Data Analytics and Security Capabilities on iPhone And iPad
Mobile Shopping Dominated During Thanksgiving And Black Friday
IBM Patents Cloud Privacy Engine
IBM Introduces Verse Business E-mail With Social Media Integration

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .