IBM Acquires Manta Software 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 DataStax to Enhance watsonx and Enterprise GenAI Data Capabilities

March 1, 2025

AI & Machine Learning

IBM announced its intent to acquire DataStax, an AI and data solutions provider, to enhance IBM’s watsonx portfolio and help enterprises unlock value from unstructured data for generative AI. DataStax contributes AstraDB/DataStax Enterprise (NoSQL and vector database powered by Apache Cassandra) and Langflow (low-code, open-source RAG and multi-agent app builder). The deal is expected to close in Q2 2025, subject to customary closing conditions and regulatory approvals.

Anatomy IT Acquires Manta HealthTech

March 13, 2024

IT Services

Anatomy IT, a healthcare IT platform and portfolio company of Atlantic Street Capital, has acquired Manta HealthTech, a Minneapolis–St. Paul–area managed IT services firm focused on healthcare subverticals. The deal expands Anatomy IT's capabilities and footprint in specialties including dental and optometry and brings Manta's customers and cybersecurity/HIPAA expertise into Anatomy IT's platform.

IBM to Acquire Turbonomic

April 29, 2021

Software

IBM announced a definitive agreement to acquire Turbonomic, a Boston-based Application Resource Management (ARM) and Network Performance Management (NPM) software provider. The acquisition expands IBM’s hybrid cloud and AI capabilities by adding Turbonomic’s AIOps-driven optimization and observability technology to IBM’s Cloud Pak for Watson AIOps and Instana offerings.

IBM Acquires Instana

November 18, 2020

Cloud & SaaS

IBM announced a definitive agreement to acquire Instana, an application performance monitoring and observability company headquartered in Chicago, to strengthen IBM's hybrid cloud and AI-powered automation capabilities. The deal (financial terms not disclosed) will integrate Instana's observability platform with IBM's Watson AIOps and Cloud Paks to help customers manage complex, cloud-native applications across hybrid environments.

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.