Announced
Completed
Financials
Tags
Cross Border
application development
Private
Acquisition
Friendly
Majority
Finland
application technology
Software
Single Bidder
Completed
Synopsis
IBM, a provider of computer solutions, completed the acquisition of Nordcloud, a European provider of cloud implementation, application transformation and managed services. Financial terms were not disclosed. “IBM’s acquisition of Nordcloud adds the kind of deep expertise that will drive our clients’ digital transformations as well as support the further adoption of IBM’s hybrid cloud platform. Nordcloud’s cloud-native tools, methodologies and talent send a strong signal that IBM is committed to deliver our clients’ successful journey to cloud," John Granger, IBM Senior Vice President and COO.
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