IBM to acquire Texas digital product development consultancy

IBM Canada Head Office Building in Markham near Toronto, Ontario.

JHVEPhoto/iStock Editorial via Getty Images

  • IBM (NYSE:IBM) announced Thursday plans to acquire U.S. digital product engineering services firm, Dialexa.
  • Financial terms of the deal were not disclosed. The transaction is expected to close in the fourth quarter of 2022.
  • This would mark IBM's sixth acquisition made in 2022 and its first in the digital product engineering services market.
  • Founded in 2010, Texas-based Dialexa offers end-to-end digital product engineering services consisting of strategy, design, build, launch, and optimization services across cloud platforms including AWS and Microsoft Azure. It employs 300 product managers, designers, full-stack engineers and data scientists, based in Dallas and Chicago.
  • The acquisition will help improve IBM's product engineering expertise, hybrid cloud and AI capabilities.

Recommended For You

Comments (10)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.