IBM is paying $1.2 billion in cash for SPSS, a company with technology that will bolster Big Blue's business analytics line-up.

Two of IBM’s most popular analysis products, the Cognos Business Intelligence and the SPSS predictive analytics package, are headed for the cloud, the latest in an ongoing push by IBM to port ...

For a sticker price of $1.2 billion, IBM has purchased SPSS, a company with more than 30 years of experience in the analytics field under its belt. Traditionally, SPSS focused on statistical ...

The value of the deal is 40% above SPSS' closing price of $35.09 Monday, a premium that shows IBM's eagerness to expand its analytics business--and of more buyouts ahead targeting SPSS's competitors.

IBM is buying analytics software and solutions provider SPSS in an all cash transaction at a price of $50/share - a 42 percent premium to Monday's closing price of $35.09 on Nasdaq - resulting in ...

IBM’s vision of a Smarter Planet combines instrumentation, interconnectivity and intelligence. Without SPSS, Forrester says, IBM would not be able to deliver on this.