[May 24, 2012] IBM announces completion of Varicent Software acquisition Tweet May 24, 2012 (M2 EQUITYBITES via COMTEX) -- Information technology company IBM (NYSE:IBM) on Wednesday announced that it has completed the acquisition of Varicent Software Incorporated, a provider of analytics software for compensation and sales performance management. Financial details of the acquisition were not disclosed. This acquisition reportedly enhances IBM's Smarter Analytics capabilities across line of business operations in all industries. With the closing of this acquisition, approximately 200 Varicent employees will join IBM's Software Group. Comments on this story may be sent to [email protected] [ Back To TMCnet.com's Homepage ]