From the October 2010 issue of Treasury & Risk magazine

IBM Buys OpenPages

IBM's September agreement to acquire OpenPages will integrate Big Blue's growing suite of business analytics services to give customers a wide-ranging view of risk across their businesses and consequently a better understanding of how their companies are performing overall. IBM did not disclose the terms of the deal.

Over the past four years, the Armonk, N.Y.-based software and consulting giant has invested more than $11 billion and made more than 20 acquisitions to bolster its business analytics offerings. In fact, a week after the OpenPages deal, IBM announced the acquisition of Netezza Corp., which provides data warehousing analysis tools.

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