
Today IBM announced the acquisition of Unica, a cloud-based marketing software company located in Waltham, Massachusetts that works with businesses to streamline and automate their marketing processes, as well as understand and predict their customers’ preferences.

Unica is the company that electronics retailer Best Buy hired to flood consumer mailboxes with tempting direct mail campaigns, like this “thank-you” note and coupon sent to a customer one week after a purchase.
IBM had announced its intent to acquire Unica in August, and it seems that just talking about the acquisition has boosted the marketing company’s sales. “Over the past year, Unica added nearly 450 customers, including many industry leaders like Air France, Autodesk, Hilton Hotels, O2, Qualcomm, and United Airlines,” said Yuchun Lee, CEO of Unica in a statement. 
The sale follows IBM’s other marketing technology efforts, which include the recent acquisitions of Sterling Commerce and Coremetrics, as well as the launch of the WebSphere Commerce software.
“IBM is committed to helping CMOs address the challenges facing marketing organizations today” said Craig Hayman, general manager, IBM Industry Solutions Group in a statement. “Together, the Unica and Coremetrics acquisitions help deliver the customer insight our clients demand, along with the measurable results they are seeking across sales channels. We will support the Web analytics investments Unica and Coremetrics customers have made by delivering industry-leading Web analytics capabilities for line-of-business users and analysts both on-premises and in cloud environments.”
Once the deal is closed, approximately 500 of Unica’s employees will transfer to IBM’s Software Solutions Group.
UPDATE: Consistent with IBM’s announcement in August, the company purchased Unica in a cash transaction of $21 per share, or a net price of approximately $480 million, after adjusting for cash.