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IBM Buying Algorithmics for $387M

Traders Magazine Online News, September 1, 2011

Tom Steinert-Threkeld and Chris Kentouris

IBM agreed to acquire risk analytics firm Algorithmics for an estimated $387 million. Algorithmics risk analytics software, content and advisory services are used by banking, investment and insurance businesses to help assess risk, address regulatory requirements and assist decision-making.

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