Cloud Computing Deals: IBM Acquires Netezza
IBM sure has been creating competitive advantage for themselves lately.
If all goes well, today marks IBM’s 23rd acquisition in four years. Netezza, which is a local company based in Marlborough, is warehouse appliance product that combines storage, processing and analytics into one server/software package. According to the company’s release, Netezza’s unique tech can handle complex analytic queries between 10 and 100 times faster than traditional systems, thus giving IBM further leverage in the quickly growing space.
The deal should, in theory, help boost IBM’s business growth strategies as well as their competitive positioning through a further expansion of their analytics initiatives. The Netezza acquisition follows on the heels of IBM buying OpenPages, a provider of software that helps companies more easily identify and manage risk as well as compliance activities across the enterprise with a single management system.
It seems that IBM isn’t slowing down in the M&A realm any time soon.
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