So two tech entities with Rochester enclaves – IBM and analytics software company SPSS – are engaged. IBM announced a deal today to buy the software company for $1.2 billion. With the local IBM campus ...

SAN FRANCISCO -- IBM Corp. is bulking up its most profitable division with a $1.2 billion acquisition of business software provider SPSS Inc., a deal that also reflects the power of wealthy technology ...

NEW YORK, July 28 (Reuters) - IBM plans to buy business analytics company SPSS Inc for $1.2 billion in cash to better compete with Oracle Corp and SAP AG in the growing field of business intelligence.

IBM (NYSE:IBM) agrees to buy software firm SPSS for around $1.2B, a 42% premium on SPSS' closing price yesterday. IBM -0.6% premarket. Recommended For You ...

In a tough environment last year, SPSS Inc. saw revenue rise 4% to $302.9 million. In 2009, analysts expect it to shift into reverse, with forecasts for sales to fall 4%, close to the $291-million ...

For a while, Braintree looked like it might have the potential to be that flagship technology company Chicago long has yearned for. Our Google or Facebook or Amazon. Turns out it wasn't the one, ...

eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More. IBM is looking to add greater predictive analysis ...