ADOTAS – Are there any independent analytics firms left out there or has IBM acquired them all? According to the company, it has poured $12 billion into 23 analytics-related acquisitions over the last four years.
Netezza, which provides high-performance analytics in a data warehousing appliance, is the latest purchase for IBM, which laid down $1.7 billion ($27 per share) in cash. The deal is expected to close in the fourth quarter after meeting shareholder and regulatory approval.
A longtime strategic partner of IBM, Netezza designs and develops its appliances on IBM systems technology. Its appliances reported can handle complex analytics at 10 to 100 times the speed of traditional systems. Netezza boasts more than 350 clients and 500 employees worldwide.
The analytics firm will be integrated into IBM’s Information Management software portfolio, just like recent purchases Unica and Coremetrics. Robin Wauters at TechCrunch notes that Dell was also eying Netezza.