IBM to Acquire Star Analytics, Inc.

IBM has signed an agreement to acquire the software portfolio of Star Analytics Inc., a privately held business analytics company headquartered in Redwood City, California.  Financial terms of the acquisition, which is expected to be completed in the first quarter of 2013, were not disclosed.

According to IBM, Star Analytics software helps organizations automatically integrate essential information, reporting applications and business intelligence tools across their enterprises, on premise or from cloud computing environments.  The software removes typical custom coding for specialized sources that are hard to maintain, and also eliminates manual processes that are cumbersome and time-consuming.

The combination of IBM and Star Analytics software is expected to further advance IBM's business analytics initiatives, allowing organizations to gain faster access and real-time insight into specialized data sources.  With growing challenges in gaining a more complete view into varying types of data, IBM says companies are increasingly looking for ways to automate and provide business users with self-service access to critical information.   

"IBM sees an enormous opportunity for our clients to apply Star Analytics to the information they have stored in their financial applications," said Leslie J Rechan, general manager, IBM Business Analytics.  "And to then easily access it within their IBM performance management and business intelligence solutions."

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