<p>It is the latest acquisition in the data analysis sector. Last month, Hewlett Packard agreed to pay $11.7 billion for Autonomy, a British company that searches and keeps track of corporate and government information.<br /><br />IBM has been particularly active in the area, making $14 billion worth of acquisitions in the last five years.<br /><br />In 2009, the company paid $1.2 billion for SPSS, which makes statistical software. The same year it also bought Ounce, whose software allows companies to assess risks in their programming code. <br /><br />With Algorithmics, IBM is pushing further into financial services. The company’s client list includes 25 of the top 30 banks, among them HSBC, Nomura and Societe Generale.</p>
<p>It is the latest acquisition in the data analysis sector. Last month, Hewlett Packard agreed to pay $11.7 billion for Autonomy, a British company that searches and keeps track of corporate and government information.<br /><br />IBM has been particularly active in the area, making $14 billion worth of acquisitions in the last five years.<br /><br />In 2009, the company paid $1.2 billion for SPSS, which makes statistical software. The same year it also bought Ounce, whose software allows companies to assess risks in their programming code. <br /><br />With Algorithmics, IBM is pushing further into financial services. The company’s client list includes 25 of the top 30 banks, among them HSBC, Nomura and Societe Generale.</p>