Computer giant IBM has agreed to acquire Marlborough-based Netezza Corp. for $27 per share in cash, or about $1.7 billion. Netezza makes data storage and analytics systems based on IBM software and ...
Computer giant IBM has completed its $1.7-billion acquisition of Marlborough-based Netezza Corp. Netezza, which makes data storage equipment and analytics, has a longstanding relationship with IBM.
Netezza Corp. plans to release a new data warehousing appliance that it says is a third of the price of its previous model and runs on new, faster blade server-based hardware. The Marlborough, Mass.