ARMONK, N.Y. – 11 Nov 2010: IBM today announced the closing of its acquisition of Netezza Corporation. Netezza will expand IBM’s business analytics initiatives to help clients gain faster insights into their business information, with increased performance at a lower cost of ownership. IBM announced a definitive agreement to acquire Netezza on September 20, 2010. (more…)
ARMONK – 20 Sep 2010: IBM (NYSE: IBM) and Netezza Corporation (NYSE: NZ) today announced they have entered into a definitive agreement for IBM to acquire Netezza, a publicly held company based in Marlborough, Mass., in a cash transaction at a price of $27 per share or at a net price of approximately $1.7 billion, after adjusting for cash. Netezza will expand IBM’s business analytics initiatives to help clients gain faster insights into their business information, with increased performance at a lower cost. (more…)
