One by one they all go. After Unica, Sterling Commerce, now Netezza which is also a Data Analytics company is being acquired by IBM. Microsoft/Google, please take note, there are still few good one’s left on the table.
IBM Corp (IBM.N) said on Monday that it would buy data analytics company Netezza Corp (NZ.N) for $1.7 billion to expand its business of helping clients analyze market information.
The move comes as IBM is shifting its focus from increasingly commoditized computer hardware to higher-margin software and services, particularly analytics, which help clients analyze market data to plot trends or prevent fraud.