Microsoft to buy appliance maker DATAllegro

Thu Jul 24, 2008 8:13pm BST
 
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BOSTON (Reuters) - Microsoft Corp (MSFT.O) plans to buy DATAllegro, the two companies said on Thursday.

Terms of the transaction were not disclosed in their statement.

DATAllegro is a privately held maker of computers loaded with software that help companies analyze complex sets of data. DATAllegro competes with Teradata Corp (TDC.N) and Netezza Corp (NZ.P).

(Reporting by Jim Finkle)

 
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