IBM to Acquire Netezza

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Uploaded by on Sep 20, 2010

IBM announced today its intention to acquire Netezza Corporation for net price of approximately $1.7 billion, after adjusting for cash. Read the press release: http://www.ibm.com/press/us/en/pressrelease/32514.wss

The move aims to accelerate IBM's business analytics efforts, one of the fastest growing segments in the overall IT industry with a market opportunity of $100 billion by 2010. IBM CFO, Mark Loughridge recently cited analytics as a key growth driver for the company, delivering higher value capabilities to clients, with $16 billion in projected revenue for business analytics by 2015.

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  • I am very happy to see you,Netezza will be leads all generations.its awesome and fantastic

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