SPSS shareholders' approval of merger with IBM leads to deal's close

By Lisa Kerner

Charlotte, N.C., Oct. 2 - International Business Machines Corp. completed its acquisition of SPSS Inc. on Friday following approval of the deal by SPSS shareholders, according to a form 8-K filed with the Securities and Exchange Commission.

In July, IBM announced it would acquire SPSS, a Chicago-based company that provides predictive analytics technology and services, for $50 per share in an all-cash transaction valued at about $1.2 billion.

SPSS shares have ceased trading on the Nasdaq Stock Market, the filing said.

IBM, based in Armonk, N.Y., develops computer systems, software, storage systems and microelectronics.

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