In a statement released before market open, IBM said that the Unica deal will support its recent acquisition of Coremetrics and Sterling Commerce, AT&T's (T ) business software division.
"This expanding portfolio, combined with IBM's WebSphere Commerce software, aims to help companies automate, manage, and accelerate core business processes," it said. This encompasses areas such as marketing, demand generation, sales, order processing and fulfillment, added the tech giant.IBM has proved adept at squeezing profit out of high-margin areas such as software, helping the firm side-step the worst of the recession. IBM recently stated it would spend $20 billion on acquisitions over the next five years, with software companies as the main focus of its M&A effort. IBM shares were down 3 cents, or 0.02%, to $128.27 in pre-market trading. -- Reported by James Rogers in New York Follow James Rogers on Twitter and become a fan of TheStreet.com on Facebook.
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