IBM Corp. is bulking up its most profitable division with a $1.2 billion acquisition of business software provider SPSS Inc., a deal that also reflects the power of wealthy technology companies to ...

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NEW YORK, July 28 (Reuters) - IBM plans to buy business analytics company SPSS Inc for $1.2 billion in cash to better compete with Oracle Corp and SAP AG in the growing field of business intelligence.

IBM (NYSE:IBM) agrees to buy software firm SPSS for around $1.2B, a 42% premium on SPSS' closing price yesterday. IBM -0.6% premarket. Recommended For You ...

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This white paper reviews the benefits of predictive analytics, the characteristics of cloud deployments and how the two technologies – analytics and cloud – can integrate to address the pressing ...

SPSS is the name of a series of software packages used for data analysis. Its main selling point is that it allows scientific researchers, teachers and students to quickly analyze data without needing ...

ARMONK, New York -- IBM is bulking up its most profitable division with a $1.2 billion acquisition of business software provider SPSS, a deal that also reflects the power of wealthy technology ...