Notable Mergers and Acquisitions of the Day 7/28: IBM/SPSS, S/VM...

Courtesy StreetInsider.com News Articles  Tue, 07/28/2009 - 08:08
  • IBM (NYSE: IBM) and SPSS Inc. (Nasdaq: SPSS) announced that the two companies have entered into a definitive merger agreement for IBM to acquire SPSS, a publicly-held company headquartered in Chicago, in an all cash transaction at a price of $50/share, resulting in a total cash consideration in the merger of approximately $1.2 billion.

    The deal is expected to close later in the second half of 2009. This acquisition is expected to further expand IBM's Information on Demand (IOD) software...

 

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