IBM to Acquire Applications Software Technology LLC
January 16, 2025
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.
- Buyers
- IBM
- Targets
- Applications Software Technology LLC
- Sellers
- Recognize Partners LP (funds managed by)
- Industry
- IT Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.