IBM to pay $US1.2B for analytics developer SPSS

The underlying data point to a bigger focus on business intelligence for Big Blue

IBM has agreed to acquire SPSS, a Chicago-based analytics software specialist, the companies said Tuesday.

The two have come together quickly: Only last month, IBM announced plans to embed technology licensed from SPSS in future versions of its business intelligence and performance management tools.

Now it has agreed to buy the whole company for $US1.2 billion in cash.

SPSS specializes in predictive analytics tools that help companies mine historical business data to identify future trends that they can exploit for greater efficiency or profit.

IBM sees potential applications for SPSS tools in helping financial services companies retain customers, preventing crime and picking the optimal site for a new store or factory.

IBM is intent on expanding its business analytics capabilities. In May it acquired data discovery technology from Exeros for an undisclosed sum, and in January last year it paid $US5 billion for business intelligence software developer Cognos.

It also sees the sector as a rich source of consulting revenue: IBM Global Services recently created a Business Analytics and Optimization Consulting division which the company expects will make use of products from Exeros and, now, SPSS.

IBM will continue to support and enhance the SPSS products as part of its Information Management software portfolio after the deal closes, it said.

The companies expect to close the deal by the end of the year, subject to approval from regulators and SPSS shareholders.

In an unrelated deal, IBM also announced Tuesday that it will acquire Ounce Labs, a Massachusetts maker of source code analysis tools, for an undisclosed sum.

Ounce Labs develops software that analyzes the security of other software and suggests ways to improve it. IBM expects to incorporate the company's products into its Rational software quality division.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags IBManalyticsSPSS

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Peter Sayer

Peter Sayer

IDG News Service
Show Comments

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Aysha Strobbe

Microsoft Office 365/HP Spectre x360

Microsoft Office continues to make a student’s life that little bit easier by offering reliable, easy to use, time-saving functionality, while continuing to develop new features that further enhance what is already a formidable collection of applications

Michael Hargreaves

Microsoft Office 365/Dell XPS 15 2-in-1

I’d recommend a Dell XPS 15 2-in-1 and the new Windows 10 to anyone who needs to get serious work done (before you kick back on your couch with your favourite Netflix show.)

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?