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IBM to buy SPSS for $1.2 billion

Discussion in 'TechSpot News and Comments' started by Matthew, Jul 28, 2009.

  1. Matthew TechSpot Staff Posts: 5,893   +53

    IBM has agreed to pay $1.2 billion ($50 per share, a 42% premium) for SPSS, a Chicago-based analytics software and solutions provider. It was only last month that IBM came forward with plans to incorporate technology licensed from SPSS in future versions of its business intelligence and performance management tools.

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    Matthew, Jul 28, 2009
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