M&A Deal Summary

IBM Acquires Netezza

On September 20, 2010, IBM acquired software company Netezza for 1.7B USD

Acquisition Highlights
  • This is IBM’s 69th transaction in the Software sector.
  • This is IBM’s 10th largest (disclosed) transaction.
  • This is IBM’s 78th transaction in the United States.
  • This is IBM’s 16th transaction in Massachusetts.

M&A Deal Summary
Date 2010-09-20
Target Netezza
Sector Software
Buyer(s) IBM
Deal Type Add-on Acquisition
Deal Value 1.7B USD
Advisor(s) Qatalyst Partners (Financial)

Target

Netezza

Marlborough, Massachusetts, United States
Netezza Corp. is a developer of data warehouse and analytics software solutions for companies in the United States and internationally.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

IBM

Armonk, New York, United States
Category Company
Founded 1911
Sector Information Technology
Employees282,200
Revenue 61.9B USD (2023)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.

DEAL STATS #
Overall 101 of 198
Sector (Software) 69 of 109
Type (Add-on Acquisition) 87 of 175
State (Massachusetts) 16 of 25
Country (United States) 78 of 142
Year (2010) 12 of 15
Size (of disclosed) 10 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-15 OpenPages

Littleton, Massachusetts, United States

OpenPages, Inc. is a developer of software that helps companies more easily identify and manage risk and compliance activities across the enterprise through a single management system.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-27 BLADE Network Technologies

Santa Clara, California, United States

BLADE Network Technologies, Inc. is specializes in software and devices that route data and transactions to and from servers.

Buy -
Mergr

Product

Company

Legal