IBM completes SPSS Acquisition

IBM completes its acquisition of SPSS Inc., a publicly-held company headquartered in Chicago. IBM announced a definitive agreement to acquire SPSS on July 28, 2009.

 

IBM's acquisition of SPSS is expected to further strengthen its business analytics and optimization strategy by providing predictive analytic capabilities that can help customers predict future events and proactively act upon that insight to drive better business outcomes.

 

The acquisition strengthens the range of offerings available through the recently announced IBM Business Analytics and Optimization consulting organization, with its 4,000 consultants lending expertise to help clients better use their information for smarter business outcomes. And, it is in alignment with IBM's broader business strategy, which combines organic growth with acquisitions to move the company into higher value capabilities that accelerate margin expansion.

 

SPSS will be integrated into IBM's Information Management software portfolio and the many industry offerings already available. Predictive analytics will also be an essential component of the smarter business systems that IBM is helping companies and organizations build to help address the complex challenges presented by the exponential growth of data.