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 PC World newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags analyticsIBMSPSS

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

Peter Sayer

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Armand Abogado

HP OfficeJet 250 Mobile Printer

Wireless printing from my iPhone was also a handy feature, the whole experience was quick and seamless with no setup requirements - accessed through the default iOS printing menu options.

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?