Announced
Financials
Sources
Tags
hybrid cloud consulting services
Private
Majority
Spain
Software
Cross Border
data consulting
Acquisition
Single Bidder
Pending
Friendly
Synopsis
IBM agreed to acquire Bluetab Solutions Group, a Madrid-based data services consulting firm. The transaction is subject to customary closing conditions including regulatory clearance and is expected to close in the third quarter of 2021. Financial terms were not disclosed. "The outside-in digital transformation of the past is giving way to the inside-out potential of using company-owned data with AI and automation to generate business value and create intelligent workflows. Our acquisition of Bluetab will fuel migration to the cloud and help our clients to realize even more value from their mission-critical data," Mark Foster, IBM Services and Global Business Services SVP.
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