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New Deal


Announced

IBM to acquire the Adobe Workfront consulting unit and assets of Rego Consulting.

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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United States

Single Bidder

Pending

Private

Majority

Domestic

it consulting

IT Services: Other

Acquisition

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Synopsis

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IBM, an American multinational technology corporation, agreed to acquire the Adobe Workfront consulting unit and assets of Rego Consulting, a consulting firm. Financial terms were not disclosed. "Work management is an important and often overlooked part of the vision to deliver impactful customer experiences. Our Adobe Workfront management solutions will find a natural home within IBM iX as it enables the world's largest companies to navigate their digital work transformations," Dan Greer, Rego Consulting President.

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