Wednesday 29 July 2009

IBM to buy SPSS for $1.2b

(By Richard Holway 7.00am 29th July 09) The software consolidation race continues apace. Last week EMC completed on its $2.2b acquisition of Data Domain and our own Micro Focus bought Borland. Now IBM (no sloth in the M&A stakes) has bid $1.2b for SPSS (a 42% premium on the previous close)

SPSS is the the 'predictive analytics' market - that means they make software to forecast customer and market trends in such things as online marketing campaigns.

If anything, the downturn has just accelerated the pace of software M&A - particularly at the very top level (eg IBM, Oracle, SAP etc). We see no reason for the speed to slow.

No comments:

Post a Comment