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.
- Industry
- Financial Services
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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