Soon to become major analytics contender, 07 Oct 2010 16:45 | by Dean Wilson
IBM has indicated that it intends to buy several more companies, particularly those within the middleware and analytics sectors, while Omniture said that IBM is copying its strategy in this area.
Mike Rhodin, senior vice-president of Software Solutions at IBM, said that the rate and pace of its acquisitions, which so far number 12 this year, will not change and that the ones it has bought this year are the kinds of ones it will be looking to buy in the future, suggesting a key focus, in particular, on analytics.
IBM's most recently acquisition was in late September when it bought data storage and analytics firm Netezza for $1.7 billion. Before that it bought OpenPages, Blade Network Technologies, Unica, and Sterling Commerce.
IBM's interest in the analytics market is particularly notable, as it is an attractive area for many companies who believe the sector will boom over the next few years.