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New Deal


Announced

Completed

IBM completed the acquisition of Neudesic.

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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Private

Single Bidder

Digital Services

Friendly

Acquisition

cloud services consultancy

Domestic

Majority

United States

Completed

Synopsis

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IBM, an American multinational technology corporation, completed the acquisition of Neudesic, a cloud services consultancy specializing primarily in the Microsoft Azure platform. Financial terms were not disclosed. "As one of the leading cloud platforms, Microsoft Azure is key to many of our clients' ability to modernize and innovate. Neudesic adds deep Azure cloud, data engineering and data analytics expertise to accelerate our clients' hybrid cloud journeys. This builds upon IBM's prior acquisitions of cloud transformation capabilities last year," John Granger, IBM Consulting Senior Vice President.

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