IBM (IBM) says it will acquire data-warehousing firm Netezza (NZ) for about $1.7B ($27/share), a...

|By:, SA News Editor

IBM (IBM) says it will acquire data-warehousing firm Netezza (NZ) for about $1.7B ($27/share), a 10% premium to Friday's close. Netezza will expand IBM's business analytics services. NZ +13.6% premarket to $28. (PR)