What’s News?: IBM Acquires SPSS - Anatomy of the Fitment

This aDRD (Announcement-based Data-Rich Deliverable) is part of the Enterprise, Business Applications, Business IT, and Professional Services subscriptions. This 6-page announcement discusses the IBM and SPSS Inc. recent announcement that the two companies have entered into a definitive merger agreement for IBM to acquire SPSS, a publicly-held company headquartered in Chicago. The acquisition, which is expected to close later in the second half of 2009 is expected to further expand IBM's Information on Demand (IOD) software portfolio and business analytics capabilities, including the range of offerings available through IBM's recently-announced Business Analytics and Optimization Consulting organization and network of Analytics Solution Centers. The acquisition is also expected to strengthen IBM's Information Agenda initiative, which helps companies turn information into a strategic asset. The Expert Guide for this DRD is Kneko Burney.