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
Explore More
Related Acquisitions
-
IBM to Acquire Cognitus to Accelerate SAP Transformations Globally
October 15, 2025
IT Services
IBM has signed a definitive agreement to acquire Cognitus, an SAP S/4HANA services provider with industry-specific, AI-powered solutions. The acquisition is intended to strengthen IBM’s SAP transformation capabilities worldwide by combining Cognitus’s services/software assets with IBM Consulting’s AI-driven delivery approach.
-
IBM Acquires Apptio for $4.6 Billion
June 26, 2023
Cloud & SaaS
IBM entered into a definitive agreement to acquire Apptio, a FinOps and financial/operational IT management software provider, for $4.6 billion. The deal combines Apptio’s cloud spend management SaaS offerings with IBM’s automation and observability portfolio and augments IBM’s watsonx AI and data platform with Apptio’s anonymized IT spend data.
-
IBM Acquires Neudesic to Expand Azure and Multicloud Capabilities
February 15, 2022
IT Services
IBM has acquired Neudesic, a U.S.-based cloud services consultancy specializing in Microsoft Azure and multicloud services, to bolster IBM Consulting's hybrid cloud and AI capabilities. Financial terms were not disclosed; Neudesic's ~1,500 cloud and data experts will join IBM Consulting to accelerate clients' digital transformation across industries including healthcare, financial services and energy.
-
IBM Acquires Taos to Boost Hybrid Cloud Consulting Capability
January 14, 2021
IT Services
IBM agreed to acquire Taos, a multi-cloud consulting and managed services provider headquartered in San Jose, California, to strengthen IBM's hybrid cloud consulting, migration and managed services capabilities. Financial terms were not disclosed; the deal was announced in January 2021 (expected to close Q1 2021). Taos brings deep public-cloud partnerships (AWS, Google Cloud, Microsoft Azure) and experience across technology, financial services, healthcare, retail, transportation and education.
-
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.
-
IBM Acquires Meteorix, a Leading Workday Services Partner
September 28, 2015
IT Services
IBM announced plans to acquire Meteorix LLC, a premier Workday implementation and services partner, to expand its Workday consulting, implementation and analytics capabilities. The acquisition is intended to deepen IBM's ability to help clients deploy Workday for finance and HR and accelerate IBM's cloud-delivered workforce transformation services.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.