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IBM buys data analytics software maker Exeros

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CIOL Bureau
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BOSTON, USA: International Business Machines Corp, the world's second-largest software maker, said on Tuesday it has acquired Exeros, a privately held maker of computer programs that help companies analyze data across corporate databases.

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Financial terms were not disclosed.

The software of Santa Clara, California-based Exeros analyzes information across multiple databases, seeking out hidden relationships that businesses might not otherwise discover.

Companies use that analysis to better identify business trends and make financial forecasts.

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