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Monday, March 24, 2014

IBM Acquisitions Target Business Analytics

IBM recently acquired two companies that will help extend its business analytics offerings in distinctly different ways. The UK-based i2, which has U.S. headquarters in McLean, Va., develops intelligence and “investigation management” software for law enforcement professionals and the military. IBM purchased i2 to expand its public service solutions as part of its Smarter Cities initiative. Algorithmics, a Canadian company devoted to financial risk management, will bolster IBM’s financial analytics capabilities.

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