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Ibm Acquires Dialexa To Speed Digital Innovation

Sep 22, 2022•about 3 years ago

Acquiring Company

International Business Machines

Acquired Company

Dialexa

Armonkinformation technology & servicesInformation Technology

Description

IBM ( NYSE:IBM) today announced plans to acquire Dialexa, a leading U.S. digital product engineering services firm, to help companies drive innovation and achieve their digital growth agendas. The acquisition is expected to deepen IBM's product engineering expertise and provide end-to-end digital transformation services for clients.

Company Information

Company

International Business Machines

Location

1 Orchard Road

Armonk, New York, United States

About

International Business Machines Corp. (IBM) is a multinational technology and consulting corporation. It is known for its innovative computing hardware, software, and as a provider of artificial intelligence solutions. IBM has been shifting its focus towards AI and cloud services in recent years. The company has a long history, having pioneered mainframe technology.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed