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IBM (IBM) Agrees to Buy Tealeaf

May 2, 2012 12:08 PM EDT
IBM (NYSE: IBM) today announced a definitive agreement to acquire Tealeaf Technology, Inc., a leading provider of customer experience analytics software that helps organizations to gain intelligence and react more swiftly to consumer trends in today's digitally transformed marketplace. Financial details were not disclosed.

The acquisition is subject to customary closing conditions and regulatory clearance and is expected to close in the second quarter of 2012.


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