IBM announced Monday that it is bolstering its analytics business with the purchase of Netezza. The $1.7 billion cash transaction, which values Netezza at $27 per share — a 9.75% premium over Friday’s close — brings a long-time partner into IBM’s information management software portfolio.
Continue reading IBM Acquires Netezza in $1.7 Billion Deal
IBM Acquires Netezza in $1.7 Billion Deal originally appeared on DailyFinance on Mon, 20 Sep 2010 08:42:00.
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