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IBM Snags Netezza for $1.7BN

With this acquisition, Blue intends to bring analytics to the masses

"IBM is bringing analytics to the masses," said Steve Mills, senior vice president and group executive, IBM Software and Systems, as it was announced Monday that IBM is to acquire Netezza, Netezza is a leading provider of high-performance analytics in a data warehousing appliance.

"We continue to evolve our capabilities for systems integration, bringing together optimized hardware and software, in response to increasing demand for technology that delivers true business value," Mills (pictured) continued, adding: Netezza is a perfect example of this approach."


Steve Mills via satellite with Jonathan Schwartz during the opening keynote of JavaOne. (Photo copyright: Fuat Kircaali - Ulitzer, Inc.)

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