Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  International Business Machines Corp.    IBM

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

International Business Machines Corp. : IBM Agrees to Buy Star Analytics's Software Portfolio

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/01/2013 | 07:28pm CET
   By Saabira Chaudhuri 
 

International Business Machines Corp. (IBM) has agreed to buy analytics firm Star Analytics Inc.'s software portfolio for an undisclosed amount in a push to expand its business-analytics offerings.

IBM said the deal will allow it to address the growing challenges in gaining a more complete view into varying types of data, which have led companies to look for ways to automate and provide business users with self-service access to information.

It said the Star Analytics software helps companies automatically integrate essential information, reporting applications and business-intelligence tools across their enterprises, on premise or from cloud-computing environments.

A particular benefit of the software is that it removes typical custom coding for specialized sources that are hard to maintain. It also eliminates manual processes that are cumbersome and time-consuming, IBM said.

"IBM sees an enormous opportunity for our clients to apply Star Analytics to the information they have stored in their financial applications," said Leslie J. Rechan, general manager of IBM Business Analytics.

IBM has benefited from its push toward higher-margin software and services that command higher fees and prices, while shedding less-profitable businesses. However, IBM has been pressured by businesses' weak technology spending, a shortfall that has been worsened by economic uncertainty.

Last month, IBM reported its fourth-quarter earnings increased 6.3% as the technology heavyweight's software sales and margins strengthened, though overall revenue declined slightly.

IBM's shares rose 1% to $205.10 in recent trading. The stock has risen 7.1% so far this year.

Write to Saabira Chaudhuri at saabira.chaudhuri@dowjones.com.

Corrections & Amplifications

This article was corrected at 06:54 EDT February 4, 2013 to fix the name of the company. It is Star Analytics, not Start Analytics.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on INTERNATIONAL BUSINESS MAC
12/07 INTERNATIONAL BUSINESS MACHINES : Branded mobile pay bodes big promise for retai..
12/07 IBM : Debuts Blockchain Ecosystem To Help Accelerate Growth of Networks on Hyper..
12/07 INTERNATIONAL BUSINESS MACHINES : SVA Software Marks 2016 as a Year of New Begin..
12/07 INTERNATIONAL BUSINESS MACHINES : IntelliMagic Announces Strategic Alliance with..
12/07 VECTRUS : taps ex-IBM vet to be president, CEO
12/07 INTERNATIONAL BUSINESS MACHINES : Renewal of IBM software for use on central com..
12/06 VECTRUS : Colorado Springs defense contractor Vectrus names new CEO
12/06 INTERNATIONAL BUSINESS MACHINES : Royal Bank of Scotland Engages IBM Watson For ..
12/06 INTERNATIONAL BUSINESS MACHINES : IBM Launches New Bluemix Services with GitHub ..
12/06 VECTRUS, INC. (NYSE : VEC) Files An 8-K Departure of Directors or Certain Office..
More news
Sector news : Technology Consulting & Outsourcing Services
12/06DJEU Clears $26 Billion Microsoft-LinkedIn Deal
12/06 GoDaddy to buy Host Europe for $1.82 billion
11/30DJAMAZON COM : Extends Web-Based Artificial Intelligence
11/29 Five things to know about Samsung Electronics' holding company review
11/28DJCOGNIZANT TECHNOLOGY : Activist Elliott Management Calls for Change at Cognizant..
More sector news : Technology Consulting & Outsourcing Services
News from SeekingAlpha
12/07 Is Facebook's Recent Underperformance Just The Start?
12/07 Qualcomm Launches Its Assault On The Intel Datacenter
12/07 IBM Is Set For The Next Ten Years
12/07 Dow 30 Trading Range Screen
12/07 Meet The 26 Safe Dogs Of The Dow After November
Advertisement
Financials ($)
Sales 2016 79 803 M
EBIT 2016 14 436 M
Net income 2016 11 868 M
Debt 2016 33 827 M
Yield 2016 3,27%
P/E ratio 2016 13,08
P/E ratio 2017 12,65
EV / Sales 2016 2,33x
EV / Sales 2017 2,33x
Capitalization 152 470 M
More Financials
Chart INTERNATIONAL BUSINESS MAC
Duration : Period :
International Business Mac Technical Analysis Chart | IBM | US4592001014 | 4-Traders
Full-screen chart
Technical analysis trends INTERNATIONAL BUS...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 157 $
Spread / Average Target -2,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Virginia M. Rometty Chairman, President & Chief Executive Officer
James J. Kavanaugh Senior Vice President-Transformation & Operations
Martin J. Schroeter Chief Financial Officer & Senior Vice President
Martin Jetter SVP-Global Technology Services
Sidney Taurel Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
INTERNATIONAL BUSINESS..16.52%152 470
VERISK ANALYTICS, INC.8.01%13 905
SAMSUNG SDS CO LTD--.--%8 455
DHC SOFTWARE CO., LTD--.--%5 513
OTSUKA CORPORATION-8.95%4 445
WONDERS INFORMATION CO..--.--%3 426
More Results