Acquisition to develop hybrid cloud and AI technique consulting capabilities in Indonesia.
IBM has introduced that it has signed a definitive settlement…
Based in 2009, Equine International consists of 4 working corporations that specialize throughout ERP implementations, utility growth, and information administration and analytics. Its workforce of extremely expert professionals work with main Indonesian manufacturers to efficiently undertake new and sophisticated applied sciences, offering technique, implementation and managed companies that can assist speed up their enterprise transformation. The corporate additionally has a various ecosystem of companions to handle its purchasers assorted digital wants, with devoted practices supporting long-term alliances with companions akin to SAP, Oracle, AWS, Salesforce, Tableau, Informatica, Automation Wherever, Fortinet, Trendmicro, Dell and IBM.
Upon completion of the transaction, Equine International will turn into IBM’s first acquisition headquartered in Indonesia, demonstrating IBM’s dedication to develop its footprint within the area. Equine International will improve IBM Consulting’s enterprise transformation companies in Indonesia, serving to IBM capitalize on a rising IT companies market fueled by the rising charge of AI adoption.
In the present day’s information marks IBM’s ninth acquisition introduced in 2023. Since Arvind Krishna turned CEO in April 2020, IBM has acquired greater than 30 corporations, bolstering its hybrid cloud and AI capabilities.
The transaction is topic to customary closing circumstances. It’s anticipated the transaction will shut within the fourth quarter of 2023.