Coremetrics

IBM to purchase Coremetrics

IBM to purchase Coremetrics

IT Company, IBM has said that it is planning to buyout Coremetrics, which is into the business of providing Web analytics software.

It is not yet clear whether Coremetrics has accepted the offer and what then are the terms of the deal that has been put in front of it.

But people close to the deal said that IBM will be including Coremetrics in its business portfolio and will thus make its position strong in the business of making software for business analytics.