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IBM Completes Acquisition Of Netezza

Thursday, November 11, 2010

IBM today announced the closing of its acquisition of Netezza Corporation. Netezza will expand IBM's business analytics initiatives to help clients gain faster insights into their business information, with increased performance at a lower cost of ownership. IBM announced a definitive agreement to acquire Netezza on September 20, 2010.

Netezza data warehouse appliances bring analytics directly into the hands of business users within every department of an organization such as sales, marketing, product development and human resources. The simplicity of deploying Netezza appliances makes the technology ideal for the needs of high-performance analytics, requiring minimal administration and IT skills, and enables clients to run complex data queries within days of deploying the solution...

Article sourced from www.ibm.com, click here to read full story.

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