IBM on Monday said it will acquire data warehouse appliance company Netezza in a deal valued at $1.7 billion. With the move, IBM picks off one of Oracle's key competitors for its Exadata line. Oracle ...
IBM Corp. said Monday it has agreed to pay $1.7 billion for Netezza Corp., a company that helps businesses sort through data on corporate servers. The deal would help IBM expand in an area known as ...
ARMONK, N.Y. & MARLBOROUGH, Mass. – 20 Sept 2010: IBM (NYSE: IBM) and Netezza Corporation (NYSE: NZ) today announced they have entered into a definitive agreement for IBM to acquire Netezza, a ...
IBM is buying Netezza for $1.7B. Why is a company with $191 million in yearly revenue worth $1.7 billion to IBM, which already has products in this space? John, a senior partner at Evaluator Group, ...
Data warehouse appliance company Netezza had been rumored to being close to getting acquired for a while, and this morning it turned out IBM is the one on the buying side. Big Blue is acquiring the ...
AI thrives on data but feeding it the right data is harder than it seems. As enterprises scale their AI initiatives, they face the challenge of managing diverse data pipelines, ensuring proximity to ...
NEW YORK (Reuters) - IBM, joining the deal-making frenzy, plans to buy data analytics company Netezza Corp for $1.7 billion to expand in technology services and help clients better analyze market ...
At Netezza's annual customer conference in Boston this week IBM made it clear that Netezza is a key element of its business analytics strategy and Netezza data warehouse appliances will be a major ...
IBM’s Netezza division is rolling out a new analytic appliance that can analyze up to 10 petabytes of data “in a matter of minutes,” the company is expected to announce Wednesday during the Enzee ...
IBM has announced it will acquire data warehouse appliance company Netezza in a deal valued at approximately $1.7 billion. More specifically, IBM is offering $27 per share for Netezza, a 10 percent ...
Saying the time is right to push data analytics deeper into businesses, IBM offers $27 per share for Netezza, with which it already has a long-standing relationship. Jon Skillings is an editorial ...