IBM Acquires Databand.ai
June 27, 2022
IBM acquired Databand.ai, a Tel Aviv–based provider of data observability software, to strengthen its data and AI observability capabilities. The acquisition (closed June 27, 2022) integrates Databand.ai’s data-quality and pipeline-monitoring technology into IBM’s Data and AI portfolio; financial terms were not disclosed in the IBM announcement.
- Buyers
- IBM
- Targets
- Databand.ai
- Industry
- Data & Analytics
- Location
- Israel
- Transaction Type
- Buyout
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