IBM to acquire Cognitus.

IBM, a global technology company providing hybrid cloud, AI, and consulting services, agreed to acquire Cognitus, a Dallas-based SAP S/4HANA services provider with AI-powered solutions. Financial terms were not disclosed. "Becoming part of IBM enables Cognitus to amplify what we do best – accelerating SAP transformation through innovation. It creates new opportunities for our people while strengthening how we serve our customers. Our clients will continue to benefit from our proven SAP-Endorsed solutions and accelerators, backed by Cognitus' deep industry expertise in regulated industries and now supported by IBM's global scale and advanced technology capabilities," Pat Sathi, Cognitus CEO.