Cravath Reps IBM In $387M Algorithmics Buy
The deal, which expands IBM's business analytics abilities in the financial services industry, comes one day after the computing giant inked a deal to buy another business analytics firm — i2. IBM is buying Algorithmics from the Fitch Group, which is majority owned by Paris-based holding company Fimalac.
IBM has decided to amp up its analytics portfolio because it...
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