IBM Acquires Expertus Technologies Inc.

December 15, 2020

IBM acquired Montreal-based fintech Expertus Technologies Inc., strengthening IBM's hybrid cloud and AI-powered digital payments and treasury management capabilities. The deal brings Expertus' payments-as-a-service platform and SWIFT processing expertise into IBM Global Business Services to expand end-to-end payments solutions for financial institutions.

Buyers
IBM
Targets
Expertus Technologies Inc.
Location
Quebec, Canada
Transaction Type
Buyout

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