Information Technology Services M&A » By The Online Investor Staff, updated Sat., Oct. 31, 5:33 AM
Recent mergers and acquisitions in the Information Technology Services M&A category.
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Slide #72. IBM — Daeja Image Systems Ltd.
Acquirer:
IBM (NYSE:IBM)
Acquiree:
Daeja Image Systems Ltd.
Details:
IBM (NYSE: IBM) today announced it has acquired Daeja Image Systems Ltd., a leading provider of software that makes it easier for business and IT professionals to view large documents and images. Daeja is a privately held software company with headquarters in Milton Keynes, UK. Financial terms of the deal 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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Avg. Broker Rec.
 
|
Buy (2.80 out of 4) 24th percentile
(ranked lower than approx. 76% of all stocks covered)
Analysts' Target Price: IBM Stock Forecast Based on Zacks ABR data; powered by Xignite |
