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TMCNet: IBM Acquires Varicent Software For Undisclosed Amount (IBM)

[April 13, 2012]

IBM Acquires Varicent Software For Undisclosed Amount (IBM)

Apr 13, 2012 (SmarTrend(R) News Watch via COMTEX) -- 4-13-12-IBM (NYSE:IBM) acquired Varicent Software, which is an analytics software maker, for an undisclosed amount.

IBM said the acquisition of the private firm will improve its existing software products arsenal that is delivered to clients through on-premise or cloud computing models.

International Business Machines Corporation (IBM) provides computer solutions through the use of advanced information technology. The Company's solutions include technologies, systems, products, services, software, and financing. IBM offers its products through its global sales and distribution organization, as well as through a variety of third party distributors and resellers.


SmarTrend is bullish on shares of International Business Machines and our subscribers were alerted to buy on January 23, 2012 at $189.09. The stock has risen 8.6% since the alert was issued.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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