Mergers & acquisitions

IBM today is announcing its intent to acquire DataStax, an AI and data solution provider. DataStax's technology will enhance IBM's watsonx portfolio of products accelerating the use of generative AI, helping companies unlock value from vast amounts of unstructured data.

Today, IBM is announcing it has acquired Prescinto, a leading provider of asset performance management (APM) software-as-a-service (SaaS) for renewables. Prescinto’s capabilities leverage AI to enable advanced monitoring, analytics, and automation to streamline renewable energy operations and manage clean energy and storage assets.

IBM announced its intent to acquire Accelalpha, a global Oracle services provider with deep expertise helping clients digitize core business operations and accelerate adoption of Oracle Cloud Applications.

IBM announced it has acquired SiXworks Limited (Ltd.), a UK-based consultancy serving the UK defence sector and specialising in digital transformation in highly secure environments. SiXworks is a trusted partner to the UK Ministry of Defence.