M&A Deal Summary

IBM Acquires Optevia

On March 18, 2016, IBM acquired internet software and services company Optevia

Acquisition Highlights
  • This is IBM’s 21st transaction in the Internet Software and Services sector.
  • This is IBM’s 5th transaction in the United Kingdom.

M&A Deal Summary

Date 2016-03-18
Target Optevia
Sector Internet Software and Services
Buyer(s) IBM
Deal Type Add-on Acquisition

Target

Optevia

Kent, United Kingdom
Optevia Ltd. is a software as a service (SaaS) systems integrator specializing in Microsoft Dynamics CRM solutions for public sector organizations.

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Buyer(S) 1

Buyer

IBM

Armonk, New York, United States

Category Company
Founded 1911
Sector Information Technology
Employees270,300
Revenue 62.8B USD (2024)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.


DEAL STATS #
Overall 156 of 204
Sector: Internet Software and Services M&A 21 of 25
Type: Add-on Acquisition M&A Deals 139 of 181
Country: United Kingdom M&A 5 of 5
Year: 2016 M&A 8 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-29 Resilient Systems

Cambridge, Massachusetts, United States

Resilient Systems, Inc. is a provider of incident response platform empowers security teams to analyze, respond to and mitigate incidents faster, smarter and more efficiently.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-31 Blue Wolf Group

New York, New York, United States

Bluewolf is a Salesforce consulting partner, with 12 global offices and more than 500 employees in the United States, Europe and Australia. Bluewolf is consistently recognized by market analysts as a worldwide leader in the Salesforce implementation ecosystem, including in The IDC MarketScape: Worldwide Salesforce.com Implementation Ecosystem 2015 Vendor Assessment. Bluewolf has also delivered more than 9,500 successful Salesforce projects for clients including Stanley Black & Decker, Sapa Building Systems and Vodafone Hutchinson Australia.

Buy -