Acquisitions and divestment of IBM assets

2023: IBM sold weather company Weather for half the price it bought. She lost $1 billion

On August 22, 2023, IBM Corporation announced the sale of assets of the Weather Company division specializing in meteorological services. The buyer is the investment company Francisco Partners. Read more here.

2022

Buying consultancy Neudesic

In mid-February 2022, IBM acquired Microsoft's Azure partner, Neudesic. The financial terms of the transaction were not disclosed. Read more here.

Acquisition of Canadian telecom cloud solutions provider Sentaca

On February 1, 2022, it became known that the corporation IBM announced the acquisition the Canadian of a company, Sentaca a provider consulting of services and solutions for. telecommunication providers Financial details of the deal were not disclosed. With this deal, IBM plans to significantly expand its hybrid offerings. clouds More. here

Sale of Watson Health's Medical Tech Unit

In mid-January 2022, IBM announced the sale of Watson Health Unit to global investment firm Francisco Partners. The financial terms of the transaction were not disclosed. The deal is expected to close in the second quarter of 2022. Read more here.

Purchase of software developer for analysis in power Envizi

In early January 2022, IBM acquired Envizi. The financial terms of the transaction were not disclosed. Envizi software allows partners and customers to focus on environmental performance management, IBM notes. The deal aligns with products and services such as IBM Maximo asset management solutions, IBM Sterling's supply chain solutions and IBM's Environmental Intelligence Suite, the buyer said. Read more here.

2021

Purchase of SXiQ Digital Transformation Solutions Provider

At the end of November 2021, IBM acquired SXiQ. The financial terms of the transaction were not disclosed. The deal further advances IBM's hybrid cloud and artificial intelligence strategy, further enabling customer enterprises to modernize and transform complex, critical applications across multiple clouds and platforms. Read more here.

Purchase of information security company ReaQta

In early November 2021, IBM announced an agreement to acquire startup ReaQta at a price that the companies did not disclose. The deal is scheduled to close at the end of 2021. Read more here.

Buying McDonalds IT Lab

At the end of October 2021, McDonald's announced the sale of the McD Tech Labs division to IBM. As part of this transaction, the cost of which was not disclosed, the companies also began cooperation in the development of an automated autocafe service. Read more here.

Buying a consultancy that helps businesses implement BoxBoat hybrid clouds

On July 8, 2021, IBM announced the purchase of BoxBoat at a price that the companies did not name. It is planned to fulfill all the formalities regarding the transaction by the end of September 2021. Read more here.

Buying Waeg, a Salesforce platform consultant

In mid-May 2021, IBM announced the purchase of corporate customer-focused consulting partner Salesforce in Europe, Waeg. The financial terms of the deal were not disclosed. Read more here.

Purchase of a software developer to control the operation of business applications for $2 billion

At the end of April 2021 IBM , it announced the acquisition of the supplier. software Turbonomic The financial component of the transaction of the company did not disclose. More. here

Purchase of MyInvenio Purchase and Accounting Management Software Developer

In mid-April 2021 IBM , acquired the Italian developer ON myInvenio. Software myInvenio enables partners to easily manage sales, purchasing, manufacturing, accounting, and other business processes that can be automated. Financial terms of the deal were not disclosed. More. here

Buying Taos Mountain, a consultancy

In mid-January 2021, IBM bought IT service provider Taos Mountain. California-based Taos is considered one of the largest cloud consulting companies in North America, which helps large enterprises move data centers, develop platforms and build a hybrid cloud. Read more here.

2020

IBM bought cloud integrator Nordcloud

On December 21, 2020, IBM announced the acquisition of Nordcloud, but did not disclose the value of the transaction. The companies plan to fulfill all the conditions of the concluded agreement in the first quarter of 2021, after which the Norwegian startup will become the property of the American IT corporation. Read more here.

Purchase of cloud payment solutions developer Expertus Technologies

In mid-December 2020, IBM announced the purchase of Expertus Technologies. The company did not disclose the financial and other terms of the transaction. Read more here.

Purchase of Instana application monitoring platform developer

In mid-November 2020, IBM announced the acquisition of Instana at a price that the companies did not disclose. According to Forbes, the purchase of Instana is consistent with IBM's strategy to move from software development and services to hybrid cloud management. Read more here.

Purchase of SAP TruQua Enterprise partner consulting company

On November 16, 2020, IBM announced the acquisition of TruQua Enterprise, but did not disclose the financial component of the agreement. Companies expect to close the deal by the end of 2020. Read more here.

Purchase of RPA solutions developer WDG Automation

On July 8, 2020, IBM announced the purchase of WDG Automation, but did not name the amount that was paid. The deal is scheduled to close in the third quarter. Read more here.

Purchase of the developer of information security solutions Spanugo

On June 15, 2020, IBM announced the acquisition of the developer of information security solutions Spanugo, but did not disclose the financial part of the agreement, as well as other details of the transaction. Read more here.

2019: Netezza Company Closures

On June 30, 2019, IBM finally curtailed the Netezza data storage and analysis hardware business, which had been on the market for about 15 years. The American corporation has stopped supporting all released devices and will not release new ones. The Netezza brand has been liquidated. Read more here.

2018

Notes/Domino moves to HCL Technologies (India)

According to a report dated December 7, 2018, HCL Technologies, headquartered in Noida, India, will acquire $1.8 billion in software assets from IBM. The companies have already reached an agreement to sell eight apps to HCL Technologies, including landmark products like Notes/Domino.

Once completed in the first half of 2019, HCL Technologies will also become a full owner of Appscan, BigFix, Unica, Commerce, Portal, Connections products focused on e-commerce and human resources markets. Read more here.

Buying Red Hat for $33.4 billion

On October 28, 2018, IBM announced the acquisition of Red Hat for $33.4 billion. This deal for the buyer will be the largest in history and should help him become the world's largest cloud solution provider - at least IBM itself is counting on it. Read more here

IBM considers a fair overpayment of 63% for Red Hat. Investors think differently

By the close of the New York Stock Exchange on October 29, 2018, IBM quotes fell 4.1%, and in electronic trading on the same day they sank another 0.2%. This was the market reaction to the company's acquisition of software manufacturer Red Hat.

IBM is ready to pay $190 for each Red Hat share, which is 63% more than the value of securities at the end of major exchange trading on October 26, 2018, when the shares were worth $116.68. On October 29, the Red Hat quotes rose 45.4% to $169.63.

According to IBM Chairman and President Ginny Rometty, the company will pay a "more than fair price," since Red Hat is a "premium company" showing strong sales and profit growth, as well as high free cash flow.

I don't think the world understands that Linux is the number one platform. This creates lift for all of IBM. For us, all this marks a reconfiguration of the cloud environment, which will allow us to become a leading provider of hybrid clouds, "Rometty said, adding that the company wants to be both" cognitive and cloud.

Analysts surveyed by Refinitiv generally recommend that investors hold IBM shares, although they expect them to rise 30.89% in the next 12 months. Of all analysts in the consensus, six are advised to buy, 12 to hold and three to sell securities to an American corporation.

IBM's future quotes could be negatively impacted by the company's plans to suspend share repurchases in 2020-2021 to cover the cost of the takeover of Red Hat. Dividend payments will remain.

According to Rometty, shareholders will gain confidence in the deal once they fully understand it. On the occasion of the acquisition of Red Hat, the head of IBM received hundreds of letters from investors and customers, she added in an interview with CNBC.^[1]

Purchase of Oniqua

In June 2018, IBM announced the purchase of Oniqua in order to strengthen its position in the industrial Internet of Things market. Read more here.

2017: Purchase of Agile 3 Solutions

In February 2017, IBM announced the completion of its acquisition of Agile 3 Solutions, a software developer that senior executives use to visualize, understand and manage the risks associated with sensitive data. The financial terms of the deal were not disclosed. In addition, IBM announced the completion of the acquisition of Ravy Technologies, a subcontractor of Agile 3 Solutions. Thanks to the purchase of Agile 3 Solutions, the IBM Security family of solutions will have an easy-to-use tool for top managers of companies - just at a time when business began to particularly need protection from cyber threats. Read more here.

2016

Purchase of Truven Health Analytics

On April 8, 2016, IBM announced the closure of a deal to acquire medical developer POTruven Health Analytics for $2.6 billion. Thanks to this purchase, which in four years has become the largest for the American IT giant, it will be able to improve its cloud tools for working with medical data. Read more here.

Buying Bluewolf

In late March 2016, IBM announced the purchase of Bluewolf, but did not disclose the cost of the acquisition. Re/Code, citing its sources, writes that we can talk about more than $200 million.

It is planned to close the deal to sell Bluewolf to IBM by the end of June 2016. It must first be approved by regulators.

2015: Buying 14 firms for $3.6 billion

In total, in 2015, IBM bought 14 firms worth $3.6 billion. The largest takeover was the purchase of Cleversafe. Deal No. 2 is a developer of radiological solutions for working with medical images Merge Healthcare ($1 billion).

$1.3 billion Cleversafe purchase

In October 2015 IBM , it announced the purchase of an object technology developer. data storage Cleversafe The transaction value was $1.3 billion. More. here

Buying a digital business from Weather Co for $2 billion

On October 28, 2015, IBM announced it would acquire the digital business from one of the world's largest weather companies, Weather Co. With this deal, the US IT giant will expand the predictive analytics capabilities of its cloud and IoT technologies.

Under the terms of the agreement, IBM buys all Internet projects, mobile applications, intellectual property and infrastructure related to the company's digital business from Weather Co. Weather Channel, owned by Weather Co., is not included in the deal.

The company chose not to disclose the details of the agreement. According to The Wall Street Journal and The Financial Times, IBM will pay about $2 billion for the digital business of Weather Co.

IBM is going to integrate the Weather Co. division of WSI, which specializes in weather forecasting using technology and data that the main company collects and sells under license to various customers - from air carriers to utilities and insurance companies.

Upon completion of the transaction, the Weather Co. television network, as part of a long-term license agreement, will use analytical and weather reports provided by IBM.

In turn, IBM, based on Weather Co. technologies, will create a division "Internet of Things" and a cloud platform to which a cognitive computing system will be connected. Watson New solutions will be useful, for example, for airlines that will use forecast analytics in the field of weather prediction to more effectively control flights.

Months before the IBM deal was announced, Weather Co. approached PJT Partners and Morgan Stanley to explore the possibility of selling a digital business to monetize the success of its mobile app, which is one of the most popular for Apple devices. Several companies, including Google, showed interest in this and other similar assets.^[2]

Purchase of Merge Healthcare for $1 billion

On August 6, 2015, IBM Corporation announced the purchase of Merge Healthcare for $1 billion. The acquired developer of solutions for collecting, archiving, viewing and transmitting images will be integrated with the IBM division, launched in April 2015, specializing in the analysis of medical data using the Watson artificial intelligence system. More on the deal here.

Sale to Globalfoundries of semiconductor business

On July 1, 2015, it became known that the deal to transfer IBM's semiconductor business to Globalfoundries was closed. Thus, the American "blue giant" got rid of the production of processors, but at the same time will continue research and development in this market.

The fact that IBM will give up its semiconductor assets to Globalfoundries was officially announced in October 2014. Under the terms of the agreement, IBM will pay $1.5 billion to Globalfoundries, and the latter will compensate corporations for about $200 million through its own assets. Thus, the deal will cost IBM $1.3 billion. Payments will be extended for three years.

2014: Acquisition of the Italian information security service provider CrossIdeas

On August 5, 2014, IBM announced the acquisition of CrossIdeas, an information security service provider. The financial terms of the transaction were not announced.

CrossIdeas office in Rome, Italy. The company helps manage identity and access to data and applications by combining internal organization procedures, business processes, and IT infrastructure to help reduce the risk of fraud or the possibility of human error.

According to analysts, the new acquisition will strengthen IBM's position in the field of innovative technologies, services and software for ensuring the security of organizations. The combination of proprietary and acquired developments allows IBM to protect client organizations from advanced threats and manage risk.

"The acquisition of CrossIdeas will expand IBM's market-leading portfolio for identity and access rights management," said Brendan Hannigan, head of IBM Security Systems. "IBM can now offer improved enterprise services that will allow executives to secure the company's brand and customers."

The products are expected CrossIdeas to be part of IBM Identity and Access Management portfolio and the company will offer next-generation identity and access rights management solutions that will identify and reduce the risk of violations by providing integrated management features.

CrossIdeas meets all risk management and security compliance requirements with innovative role-based analytics tools and intuitive visualization for user access. Identification data is collected using a centralized dashboard, which helps you assess risk and approve the distribution of responsibilities across enterprise applications. Control panels are populated with a wide range of access and identity control systems, including the IBM Security Identity Manager (SIM) solution.

The integration of the innovative CrossIdeas solution into the IBM portfolio will be based on the long-term relationship between the two companies. By participating in the Ready for IBM Security Intelligence program, CrossIdeas will help the corporation's customers deploy integrated access control systems using IBM Security Identity Manager (SIM) (ISIM) solutions. The integration of CrossIdeas technology will help IBM customers implement the necessary management tools in a short time, minimizing changes to the existing infrastructure.

2013

Fiberlink Acquisition

In November 2013, IBM announced the purchase of Fiberlink, one of the first companies to begin work on adapting the use of Google's acclaimed glasses, Google Glass, for industrial tasks. A key market for FiberLink Communication is the MDM (mobile device management) solutions market.

The MDM market is just forming, so it is not surprising that IBM has decided to acquire a pioneer company in this market. According to Gartner forecasts, devices like Google Glass will widely enter corporate use by 2017.

The parties did not disclose the terms of the transaction, however, it is known that in 2003 FiberLink received an investment of $50 million from Technology Crossover Ventures.

Purchase of the Israeli CSL International - developer of virtualization management systems

On July 10, 2013, it became known that IBM acquired CSL International, a leading provider of IBM zEnterprise virtualization management technology.

CSL International is a private company headquartered in Herzliya Pituah, Israel. Official terms of the deal were not disclosed.

The acquisition of CSL International as a strategic investment in the development of the System z business will improve and combine cloud technologies with simplified management of the virtualization environment .

CSL-WAVE software created by CSL International provides companies with the ability to monitor and manage z/VM and Linux environments on the System z platform through a productive and lightweight interface. The software works on a drag-and-drop basis, allowing you to create, open, visualize, connect virtual servers with resources. Customers can use their free, skilled workforce for other business tasks.

With the acquisition of CSL International, IBM will enable its customers to manage all aspects of virtualized z/VM and Linux environments on the System z platform, including the central processing unit, RAM and persistent memory, and network resources. The closing of the transaction was supposed to take place in the third quarter of 2013.

"We built a successful business from scratch," CSL CEO Sharon Chen emphasized in an interview with Calclist. - It serves as proof that successful start-ups can be created without venture capital funds. - He declined to comment on the financial details of the transaction, but added: - If the fund took part, the company could probably be sold for a higher amount, but in the economic crisis of 2009 I did not have enough strength. With the involvement of my finances and Amir Glaser, the development manager, we managed to build a successful company from scratch and find a state of peace for years to come. "

Purchase of Softlayer software developer

In June 2013, IBM announced the acquisition of Softlayer, which develops software for integrating private and public cloud servers. Representatives of companies so far restrainedly comment on the event and do not disclose the amount of the transaction. Wall Street Journal sources say Softlayer will cost IBM $2 billion. SoftLayer will be the cornerstone of the corporation's new division.

2012

Purchase of Kenexa HR software developer for $1.3 billion

 IBM acquired recruitment and human resource management software developer Kenexa for $1.3 billion, the IBM s aid in a statement.  IBM will pay $46 for each Kenexa IBM. It was planned that the transaction would be finally closed in the 4th quarter of 2012 .

Under the terms of the deal , Kenexa employees will move to IBM, which is developing the field of personnel and management consulting.  The development of Kenexa allows you to implement the application using cloud technologies, which greatly simplifies the process of work for the client.

According to Forrester Research, the share of social applications by 2016 will grow to 61%, which makes IT companies think about this promising direction now.

Kenexa products are used by 8,900 customers worldwide, most of whom are permanent on the Fortune500 list.

Vivisimo Purchase

On April 25, 2012 IBM , the corporation announced that it had reached a final takeover agreement for the company. Vivisimo The acquisition aims to strengthen IBM's position in the promising analytics market. big data ON Vivisimo allows you to obtain, optimally organize and analyze structured and unstructured data across a variety of formats and volumes without the need to move to local storage.

IBM and Vivisimo joint solutions are expected to simplify the automation of data flow input into business analysis applications. Customers will be able to better understand consumer habits, control consumer outflow, manage network performance, identify fraud cases on the fly, and conduct information-intensive marketing campaigns.

IBM estimates that a variety of data sources, including sensors, social media and billions of mobile devices worldwide, generate 2.5 trillion bytes daily. Such rates and volumes greatly complicate the search, collection, systematization and analysis of information flows to improve competitiveness, efficiency and profitability. According to IDC's forecast, the big data technology and services market will grow at an average annual rate of about 40% and reach $16.9 billion by 2015.

According to Arvind Krishna, general manager of IBM Information Management as part of the IBM Software Group, organizing efficient work with big data to discover the necessary information is one of the key tasks for enterprises in any industry. "Companies that can effectively use information assets to introduce innovations, quickly make informed decisions and gain valuable knowledge that increases competitiveness will achieve success," he said.

Vivisimo is a closed-type company headquartered in Pittsburgh, Pennsylvania, United States. The financial terms of the deal were not disclosed.

Purchase of Emptoris

On February 1, 2012, IBM announced the completion of its acquisition of Emptoris Inc. This acquisition expands IBM's portfolio of cloud analytics solutions that help ensure smarter supply and supply chains, leading to improved inventory management and improved cost-effectiveness.

Emptoris products extend mining capabilities to supply chain and supply chain operations, improving the management of costs, suppliers, and contracts. Emptoris offerings expand IBM Smarter Commerce initiative, which supports organizations looking to meet the demands of a rapidly changing market.

Emptoris solutions complement many of IBM's offerings, notably existing B2B integration and supply chain management technologies derived from IBM's acquisition of Sterling Commerce in 2010. Emptoris solutions also complement the IBM Supply Chain Management (SCM) and IBM Business Process Outsourcing (BPO) service packages available to customers through IBM Global Process Services (GPS ). Emptoris technologies combined with IBM GPS BPO service offerings help increase cost savings and accelerate profit growth.

Emptoris has more than 700 employees in the world and will be part of the IBM Software Group.

2011: Purchase of analytical software developer DemandTec for $440m

Implementing plans to create its line of e-commerce software, the company buys an analytics vendor - DemandTec for $440 million. The company announced this decision on December 8, 2011. Completion of the transaction is expected in the first quarter of 2012.

2010

Netezza purchase for $1.7 billion

In 2010, Netezza was acquired by IBM for $1.7 billion. After the sale of Netezza, servers created for orders were replaced by standard IBM blade systems, which reduced the cost. FPGA processors remain.

BLADE Network Technologies Purchase

September 27, 2010 - IBM announced it has reached a definitive agreement to acquire BLADE Network Technologies (BLADE), a closed-end company based in Santa Clara, California.

Purchase of BI vendor Unica

In August 2010, it became known that IBM had agreed to purchase Unica, a business intelligence solution provider, for $480 million. The entire amount will be paid in cash. As part of the agreements, the entire staff of Massachusetts Unica, which includes 1,500 employees, will be integrated into the IBM Software Solutions Group. With this deal, IBM will be able to strengthen its portfolio of solutions that enable more effective marketing campaigns. At the time of purchase, about one and a half thousand customers work with Unica, including players in the financial industry, insurance, telecommunications companies, etc.

2009: Purchase of BI developer for $1.2 billion

In July 2009, it was announced that IBM was buying the Chicago-based business intelligence (BI) systems developer SPSS. The transaction amount is $1.2 billion.

2005: Sale of laptop business to Lenovo

Despite the fact that by 2005 IBM had managed to sell more than 20 million copies of ThinkPad laptops, the corporation announced the sale of its PC business to the Chinese company Lenovo in order to actively engage in software and services.

1995: With the takeover of Lotus Development, IBM becomes the largest software developer in the world

In 1995, IBM acquired Lotus Development Corporation and its collaboration support system. Thus, IBM becomes the world's largest software developer.

See also

• M&A Mergers & Acquisitions
• Cisco Takeovers
• Acquisitions and sale of Microsoft assets
• SAP Acquisitions
• Oracle takeovers
• Acquisitions and divestment of Intel assets
• Acquisitions and divestment of IBM assets

Notes