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IBM and Netezza Corporation have entered into a definitive agreement for IBM to acquire Netezza, a publicly held company based in Marlborough, Mass., in a cash transaction at a price of $27 per share or at a net price of approximately $1.7 billion, after adjusting for cash. The purchase of Netezza, a provider of high-performance analytics in a data warehousing appliance, will expand IBM's business analytics initiatives to help clients gain faster insights into their business information, with increased performance at a lower cost. The acquisition is subject to Netezza shareholder approval, regulatory clearances and other customary closing conditions, and is expected to close in the fourth quarter of 2010.
Posted 29 Sep 2010
/ September 29, 2010 Issue
EnterpriseDB, which provides products, services, support and training based on the PostgreSQL open source database project, has announced support for the newly released PostgreSQL 9.0 open source relational database. PostgreSQL 9.0 includes more than a dozen major improvements that enhance every aspect of database application design and performance, including built-in replication and hot standby capabilities that give PostgreSQL 9.0 the high availability required for the "scale out" and failover architectures that characterize cloud computing and other demanding application environments, as well as 64-bit Windows support. The new release also simplifies major upgrades by removing the need for the "dump/load data" procedure required in prior versions and instead performs an in-place upgrade, which is much easier and faster.
Posted 29 Sep 2010
/ September 29, 2010 Issue
IBM has introduced new software that helps businesses protect customer data and other sensitive information from security breaches. The software, which supports both System z and SAP implementations, automatically monitors structured data and application usage across the enterprise and immediately alerts management to unusual activity.
Posted 29 Sep 2010
/ September 29, 2010 Issue
Open Invention Network (OIN) recently extended the Linux ecosystem with the signing of Mozilla as a licensee. By becoming a licensee, Mozilla, the developer of leading software applications including the popular Firefox web browser, has joined the growing list of organizations that recognize the importance of participating in a substantial community of Linux supporters and leveraging the Open Invention Network to further spur open source innovation.
Posted 29 Sep 2010
/ September 29, 2010 Issue
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