Tuesday, July 28, 2009

I.B.M.Acquires Software Maker SPSS July-28-09 TWX AOL


ARMONK, N.Y. I.B.M. said Tuesday that it would acquire a maker of analytics software maker, SPSS, in an all-cash transaction of $50 a share for a deal valued at about $1.2 billion.
$35.09 -0.01 (0.03%) 52Wk Range: 22.91 - 35.22

Time Warner Inc. (NYSE:TWX) also bought back the 5% stake in AOL that it sold to Google Inc. (NASDAQ:GOOG) for $1 billion in 2005 for the bargain price of $283 million. The deal, which occurred on July 8 according to SEC filings, gives Time Warner's Internet unit, which will soon be spun out, a valuation of less than $5.66 billion.
http://www.thedeal.com/dealscape/2009/07/ibm_spss_twx_goog_db_bac.php
http://www.nytimes.com/2009/07/29/technology/companies/29ibm.html?ref=business
http://www.thedeal.com/