Mergers & acquisitions
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.