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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (45280)	12/8/2011 2:32:53 PM
From: E_K_S	Read Replies (1) of 78666

IBM To Buy DemandTec For $440M In Latest Cloud Software Deal online.wsj.com From the article:"...International Business Machines Corp. (IBM) agreed to acquire DemandTec Inc. (DMAN) for $440 million, continuing the trend of big tech companies paying pricey premiums for companies offering Web-based software. DemandTec's flagship product analyzes data to help retailers decide how much to charge for their wares. The company has added capabilities to track promotions and work with consumer products companies. IBM agreed to buy DemandTec for $13.20 a share, a 57% premium to its Wednesday close. The deal builds on IBM's focus on offering complex number-crunching applications to help customers make business decisions. It's also the latest purchase of a company providing software via the "cloud," which is installed in remote data centers and streamed to customers over computer networks...." --------------------------------------------------- Should be a positive for the REIT Data Centers too as more application/services are moving to the "Cloud". EKS

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