IBM Acquires Bowstreet Inc.

IBM Acquires Seek AI

June 2, 2025

AI & Machine Learning

IBM has acquired Seek AI, a New York–based startup that provides a natural-language AI platform for querying and analyzing enterprise data, for an undisclosed sum. Seek AI will join IBM’s new Watsonx AI Labs in New York City and relocate its headquarters to One Madison, with the technology integrated into IBM’s enterprise AI offerings to accelerate its AI capabilities.

IBM to Acquire Applications Software Technology LLC

January 16, 2025

IT Services

IBM announced its intent to acquire Applications Software Technology LLC, a global Oracle consultancy focused on Oracle Cloud Applications transformations, including public sector clients. The acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions and regulatory approvals, and financial terms were not disclosed.

IBM to Acquire StreamSets and webMethods from Software AG for €2.13 Billion

December 18, 2023

IT Services

IBM entered into a definitive agreement to acquire StreamSets and webMethods—Software AG’s Super iPaaS enterprise integration and API/data platforms—for €2.13 billion in cash. The deal is expected to close in the second quarter of 2024, subject to customary regulatory approvals and closing conditions.

IBM Acquires Manta Software Inc.

October 24, 2023

Data & Analytics

IBM has acquired Manta Software Inc., a Prague-based data lineage platform, to strengthen its data and AI governance capabilities across watsonx.ai, watsonx.data and watsonx.governance. Financial terms were not disclosed; Manta’s technology will provide deeper data lineage and provenance visibility to improve model explainability and regulatory compliance.

Accenture Acquires Strongbow Consulting

July 27, 2023

IT Services

Accenture has acquired Strongbow Consulting, a Ridgewood, New Jersey-based technology strategy and infrastructure modernization advisory firm of roughly 60 professionals. Strongbow will join Accenture's Technology Strategy & Advisory practice to expand its Tech Value capabilities, including Technology Business Management (TBM) and infrastructure modernization services; terms were not disclosed.

IBM Acquires TruQua Enterprises

November 16, 2020

IT Services

IBM has reached a definitive agreement to acquire TruQua Enterprises, an SAP consulting partner that specializes in finance and analytics solutions. The acquisition bolsters IBM Services' SAP S/4HANA finance capabilities and supports IBM's hybrid cloud growth agenda; financial terms were not disclosed.