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  6. IBM Acquires Databand

M&A Deal Summary

IBM Acquires Databand

On July 6, 2022, IBM acquired information technology company Databand

Acquisition Highlights
  • This is IBM’s 38th transaction in the Information Technology sector.
  • This is IBM’s 133rd transaction in the United States.
  • This is IBM’s 7th transaction in New York.

M&A Deal Summary
Date 2022-07-06
Target Databand
Sector Information Technology
Buyer(s) IBM
Deal Type Add-on Acquisition

Target

Databand

New York, New York, United States
Databand is a product-driven technology company that provides a proactive data observability platform, which empowers data engineering teams to deliver reliable and trustworthy data. The company removes bad data surprises such as data incompleteness, anomalies, and breaking data changes by detecting and resolving issues before they create costly business impacts. Databand.ai's proactive approach ties into all stages of your data pipelines, beginning with your source data, through ingestion, transformation, and data access. It serves organizations throughout the globe, including some of the world's largest companies in entertainment, technology, and communications. Databand was formed in 2018 and is based in New York, New York.

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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 188 of 204
Sector: Information Technology M&A 38 of 48
Type: Add-on Acquisition M&A Deals 167 of 181
State: New York M&A 7 of 9
Country: United States M&A 133 of 147
Year: 2022 M&A 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-06 Randori

Waltham, Massachusetts, United States

Randori is an attack surface management (ASM) and offensive cybersecurity provider that helps clients continuously identify external facing assets, both on-premise or in the cloud, that are visible to attackers and prioritize exposures that pose the greatest risk. Randori is based in Waltham, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-22 Dialexa

Dallas, Texas, United States

Dialexa is a U.S. digital product engineering services firm, to help companies drive innovation and achieve their digital growth agendas. Dialexa was founded in 2010 and is based in Dallas, Texas.

Buy -
Mergr

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