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New Deal


Announced

Infinite Computer Solutions to acquire IBM Talent Acquisition Suite from IBM.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Domestic

software development

United States

Single Bidder

software-as-a-service

Majority

Private

Acquisition

Software

Pending

Synopsis

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Infinite Computer Solutions, a global technology company, agreed to acquire IBM Talent Acquisition Suite from IBM, an American multinational technology corporation. Financial terms were not disclosed. "With the recovery from Covid19, our clients have had unprecedented needs for hiring and, we saw an opportunity to provide a proven SaaS-based platform to optimize the end-to-end hiring process, from sourcing and attracting top talent to employee retention. Our platform-led approach for solving digital transformation challenges across industries is working well, and we continue to adopt this strategy for accelerating the transformation for our customers," Sanjay Govil, Infinite Computer Solutions Founder and Chairman.

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