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IBM to buy SPSS for $1.2 billion
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07-28-2009
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IBM to buy SPSS for $1.2 billion
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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