IBM to acquire SPSS

July 28, 2009
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Many news outlets are reporting today that IBM has announced that it will acquire SPSS for 1.2 billion dollars in cash. That’s $50 a share, a significant premium on the recent trading range of $30-$35. IBM clearly sees value in predictive analysis.

IBM has a strong history in supporting open-source projects: they are a significant contributor to Linux, for example. Given this, and SPSS’s recent flirtations with R, I wonder if IBM — or maybe a rival — will take an interest in R, too.

The Register: Big Blue blows a billion on predictive software seller

Link to original post

Many news outlets are reporting today that IBM has announced that it will acquire SPSS for 1.2 billion dollars in cash. That’s $50 a share, a significant premium on the recent trading range of $30-$35. IBM clearly sees value in predictive analysis.

IBM has a strong history in supporting open-source projects: they are a significant contributor to Linux, for example. Given this, and SPSS’s recent flirtations with R, I wonder if IBM — or maybe a rival — will take an interest in R, too.

The Register: Big Blue blows a billion on predictive software seller

Link to original post