Monday, September 13, 2010

IBM to acquire Unica for $480 million

http://www.btobonline.com/apps/pbcs.dll/article?AID=/20100813/FREE/100819958/1078/newsletter011

IBM Corp. continues to push into the marketing automation and consulting arena, announcing today it will acquire marketing management software company Unica Corp. for $480 million.

Unica, based in Waltham, Mass., offers such marketing solutions as NetInsight Web analytics, the Unica 8 Enterprise Marketing suite and Social Media Analytics.

It has has more than 1,500 customers, including Bank of Montreal, Best Buy, Cisco Systems, Citrix Systems and Dow Jones & Co.

Unica had a loss of $22.5 million on revenue $100.6 million in the fiscal year ended Sept. 30, 2009. The company has swung to the black in each of the past three quarters as revenue has been rising of late.

http://online.wsj.com/article/SB10001424052748703960004575427171092347124.html

http://blogs.forrester.com/joseph_stanhope/10-08-13-suresh_vittal_and_joe_stanhope_consider_news_ibm_acquiring_unica