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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Tue., Apr. 23, 10:49 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

This Slide: #20 of 100

Slide #20. IBM — Cloudant

Acquirer: IBM (NYSE:IBM)
Acquiree: Cloudant
Details: IBM (NYSE: IBM) today announced that it has completed the acquisition of Cloudant, Inc., a privately held database-as-a-service (DBaaS) provider that enables developers to easily and quickly create next generation mobile and web apps. Financial terms were not disclosed.

International Business Machines provides solutions and products that utilize data, information technology, capability in industries and business processes. Co. has four business segments: Software, which provides software solutions that address client needs for a hybrid cloud platform, data and AI, automation, and security; Consulting, which provides knowledge and capabilities in business transformation and technology implementation; Infrastructure, which provides solutions for hybrid cloud and is the foundation of the hybrid cloud stack; and Financing, which facilitates its clients' acquisition of information technology systems, software and services through its financing solutions.

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IBM — Key Stats (updated 12 hours, 18 minutes ago)
Company Name:  International Business Machines Corp
Stock buyback:  IBM buyback
Website:  www.ibm.com
Sector:  Information Technology Services
Number of ETFs Holding IBM:  143
Total Market Value Held by ETFs:  $24.35B
Total Market Capitalization:  $166.46B
% of Market Cap. Held by ETFs:  14.63%
 

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April 23, 2024  •  10:49 PM Eastern
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