IBM TO ACQUIRE DATA SPECIALIST NETEZZA FOR $1.7B
By maureen at 20 September, 2010, 4:12 pm
(Updates via with one more sum about deal’s significance, researcher comments commencement in a seventh paragraph; updates batch prices)
NEW YORK (Dow Jones)–International Business Machines Corp. (IBM) concluded to take interpretation dilettante Netezza Corp. (NZ) in a understanding valued during .7 billion, as Big Blue expands a analytics business.
The understanding outlines a ultimate in a data-warehousing sector, entrance a month after a begin of a open behest fight in between Hewlett-Packard Co. (HPQ) as well as Dell Inc. (DELL) for data-storage association 3Par Inc. (PAR). Tech giants have been looking to set up their bearing to a storage as well as analytics markets, that have been …
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