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IBM to buy Netezza in billion-dollar deal

Nicole Harding, Associate Site Editor
IBM to buy Netezza in billion-dollar deal

SearchITChannel.com news in brief for September 20, 2010

IBM-Netezza acquisition in the works

IBM is awaiting final approval for its acquisition of Netezza Corp.,

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a business analytics company specializing in data warehouse, analytics and monitoring appliances.

The purchase is expected to close in the fourth quarter. IBM is paying $27 per share or $1.7 billion in cash. Big Blue invested more than $12 billion in 23 analytics-related acquisitions, and in the second quarter of 2010, the company's analytics business grew 14%, according to the company.

IBM plans to integrate Netezza within IBM's Information Management software portfolio.

Netezza has more than 350 customers across many industries, and its appliances use FPGA-Accelerated Streaming Technology (FAST) to process analytic queries.

Microsoft presses Windows HPC Server 2008 R2

Microsoft Windows HPC Server 2008 R2 is now available and includes new capabilities for desktop, server and cloud environments.

Solution providers can use the new version in conjunction with Active Directory, SharePoint Server, Microsoft System Center and Microsoft Office. They can also use HPS Server to turn spare processor cycles on Windows 7 into desktop compute clouds.

Microsoft said it has plans for an HPC Server update that can manage HPC nodes in Windows Azure from on-premise server clusters.

Check out last week's SearchITChannel.com news in brief.


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