IBM to Acquire DemandTec to Expand Cloud-based Analytics for Smarter Commerce for $13.20 per Share

IBM (NYSE:

) and DemandTec (Nasdaq:

) today announced that the two companies have entered into a definitive merger agreement for IBM to acquire DemandTec in an all cash transaction at a price of $13.20/share, or at a net price of approximately $440 million, after adjusting for cash.