IBM to buy SPSS for $1.2 billion

By Matthew
Jul 28, 2009
  1. 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.

    Read the whole story
Topic Status:
Not open for further replies.

Similar Topics

Create an account or login to comment

You need to be a member in order to leave a comment
TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...

Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.