IBM: IBM to Acquire SPSS Inc. to Provide Clients Predictive Analytics Capabilities

• Published in: M2 Presswire
• Format: Newsletter
• Language: English
• Published: Coventry Normans Media Ltd 28.07.2009
• Subjects: Acquisitions & mergers; Brand loyalty; Business analytics; Communication; Competitive advantage; Crime prevention; Criminal investigations; Customers; Employees; Fraud; Fraud prevention; Information management; Predictive analytics; Retention; Shareholder approval; Software; Stockholders; Trends; Voters

Certain statements in this communication regarding the proposed transaction between IBM and SPSS, the expected timetable for completing the transaction, benefits and synergies of the transaction, future opportunities for the combined company and products and any other statements regarding IBM and SPSS's future expectations, beliefs, goals or prospects constitute forward-looking statements made within the meaning of Section 21E of the Securities Exchange Act of 1934 and (collectively, forward-looking statements). Any statements that are not statements of historical fact (including statements containing the words 'believes,' 'plans,' 'anticipates,' 'expects,' 'estimates' and similar expressions) should also be considered forward-looking statements. A number of important factors could cause actual results or events to differ materially from those indicated by such forward-looking statements, including the parties' ability to consummate the transaction; the conditions to the completion of the transaction, including the receipt of shareholder approval, court approval or the regulatory approvals required for the transaction may not be obtained on the terms expected or on the anticipated schedule; the parties' ability to meet expectations regarding the timing, completion and accounting and tax treatments of the transaction; the possibility that the parties may be unable to achieve expected synergies and operating efficiencies in the arrangement within the expected time-frames or at all and to successfully integrate SPSS's operations into those of IBM; such integration may be more difficult, time-consuming or costly than expected; operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, clients or suppliers) may be greater than expected following the transaction; the retention of certain key employees of SPSS may be difficult; IBM and SPSS are subject to intense competition and increased competition is expected in the future; fluctuations in foreign currencies could result in transaction losses and increased expenses; the volatility of the international marketplace; and the other factors described in IBM's Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and in its most recent quarterly report filed with the SEC, and SPSS's Annual Report on Form 10-K for the fiscal year ended 2008 and in its most recent quarterly report filed with the SEC. IBM and SPSS assume no obligation to update the information in this communication, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.