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IBM to buy marketing co Unica
Reuters
Last Updated IST

IBM, which recently said, it would buy more companies to move further into software and services, will pay around $21 per Unica share, a premium of about 120 per cent from Thursday’s close.

IBM said Unica will boost its ability to help companies analyze and predict customer behavior and develop better marketing. Unica’s 500 employees will join IBM’s software solutions group.

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(Published 14 August 2010, 21:10 IST)