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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Mon., Nov. 30, 11:41 AM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #20. IBM Cloudant

Acquirer: IBM (NYSE:IBM)
Acquiree: Cloudant
Details: IBM (NYSE: IBM) today announced that it has completed the acquisition of Cloudant, Inc., a privately held database-as-a-service (DBaaS) provider that enables developers to easily and quickly create next generation mobile and web apps. Financial terms were not disclosed.

International Business Machines provides integrated solutions and products that utilize data, information technology, capability in industries and business processes. Co. has five segments: Cloud and Cognitive Software, which provides a range of software offerings; Global Business Services, which provides consulting, systems integration, application management and business process outsourcing services; Global Technology Services, which provides project services, managed and outsourcing services, cloud-delivered services, and technical and IT support services; Systems, which provides technology and service; and Global Financing, which provides client financing, among others.

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Company Name: 
International Business Machines Corp
Stock buyback: 
IBM buyback
Website: 
www.ibm.com
Sector: 
Information Technology Services
Number of ETFs Holding IBM: 
136
Total Market Value Held by ETFs: 
$13.23B
Total Market Capitalization: 
$110.67B
% of Market Cap. Held by ETFs: 
11.95%
 

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Buy (2.80 out of 4)
23rd percentile
(ranked lower than approx. 77% of all stocks covered)

Analysts' Target Price:
IBM Stock Forecast

Based on Zacks ABR data;
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