RSS IBM To Buy Applications Software Technology For Undisclosed Terms

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 RSS IBM To Buy Applications Software Technology For Undisclosed Terms

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International Business Machines Corp. (IBM) announced on Thursday its intent to acquire Applications Software Technology LLC, a company based in Illinois and known for its expertise in global Oracle consultancy and digital transformation solutions. While the financial specifics of the agreement have not been revealed, the acquisition aims to enhance IBM's Oracle offerings, enabling the company to better navigate complexities and deliver sustainable results for clients in North America, the UK, and Ireland. The transaction is anticipated to finalize in the first quarter of 2025. At present, IBM's stock is valued at $218.46, reflecting a 0.76 percent decline on the New York Stock Exchange.

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