Perhaps You've Heard the News?
This morning, I’m posting from the floor of Oracle Open World at the Moscone Center in San Francisco – and no, this is not yet another blog about Mark Hurd teaming up with Larry Ellison. Rather, it seems pretty safe to assume that if you’re reading this today, you’ve already heard some bit of the news of announcement by IBM and Netezza to enter into a definitive agreement for IBM to acquire Netezza. If not, then I’ve just “broken” some news to a small subset of my readers.
This is a watershed day for Netezza. I think both IBM and we look to this prospective merger as a way to take analytics mainstream by extending the IBM portfolio of workload optimized offerings. The complementary nature of IBM’s and Netezza’s existing relationship makes this ideal for our employees, customers and shareholders. Netezza appliances are developed on IBM’s systems technology and combined with IBM software they power hundreds of clients’ enterprise applications around the globe. Quoting our CEO Jim Baum, Netezza’s, “appliances have set the standard for performance and simplicity in data warehousing and analytics.”
As Arvind Krishna, General Manager of Information Management for the IBM Software Group and Jim Baum, Netezza CEO said in their call with analysts earlier this morning, we think the acquisition of Netezza complements and extends the IBM portfolio of workload optimized offerings in a number of ways:
Netezza’s data warehouse appliances complement IBM Workload Optimized offerings, and InfoSphere, Cognos and SPSS software, as the industry’s most comprehensive set of Business Analytics and Optimization solutions and services.
Smarter Planet strategy
IBM and Netezza will help a broader set of clients of all sizes around the world accelerate cost effective analytics solutions that uncover insights among the growing volume of data so they can take actions that optimize business results.
Growth market strategy
The speed and simplicity of deploying Netezza appliances, and Netezza experience with large and mid-sized companies, will help accelerate IBM analytics solutions in high-growth markets and among small and mid-size clients.
Netezza technology and expertise in focused appliances will combine with a broader range of IBM information management technology and expertise to extend innovation leadership in information appliances.
With our complementary product technologies and approaches, a long and successful partnership history, and the synergies of our respective “Intelligent Economy” and “Smarter Planet” visions for the future, this has us at Netezza very excited about the possibilities for the future.
But it is still very early days for the acquisition process, and for now the rest of the team at Netezza and I continue to focus on getting on with our daily mission. That means that we’re here in San Francisco with a booth at the Oracle Open World – come see us at Moscone West Booth #3641 – simultaneously coexisting and competing with our friends from Redwood Shores. It also means that we continue to sweat the details of building and selling market-leading data warehouse and analytics appliances and helping to make high-performance analytics available across the “intelligent enterprise” with TwinFin, Skimmer and the i-Class package of advanced analytics. More anon.