19 Jul 2004
IBM expects to complete its acquisition of analytics software vendor Alphablox later this month. Big Blue is looking to boost its line of business intelligence products through the deal, for which financial terms have not been disclosed.
Alphablox's flagship software is designed to embed analytics - such as customer buying trends - into existing business processes, and make information available to a wide range of users and applications.
IBM said developers will be able to build applications that will give them multiple views of real-time information from a variety of data sources.
Alphablox software can work with both IBM and non-IBM data sources, including Oracle, Microsoft and Sybase.
IBM plans to integrate Alphablox's operations into its information management software business.
"Businesses today are faced with the challenge to drive more value from their existing information assets," said Janet Perna, general manager of IBM information management software, in a statement.
"The combination of Alphablox technology and IBM software will enable customers and business partners to deliver business insight and drive higher returns from their information assets."
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