M&A Deal Summary

IBM Acquires Rego Consulting - Adobe Workfront Consultancy

On October 19, 2021, IBM acquired software company Rego Consulting - Adobe Workfront Consultancy from Rego Consulting

Acquisition Highlights
  • This is IBM’s 104th transaction in the Software sector.
  • This is IBM’s 129th transaction in the United States.
  • This is IBM’s 1st transaction in Utah.

M&A Deal Summary

Date 2021-10-19
Target Rego Consulting - Adobe Workfront Consultancy
Sector Software
Buyer(s) IBM
Sellers(s) Rego Consulting
Deal Type Divestiture

Target

Rego Consulting - Adobe Workfront Consultancy

Centerville, Utah, United States
Rego Consulting's Adobe Workfront Consultancy specializes in work management software consulting for enterprise clients. Rego Consulting's Adobe Workfront Consultancy is based in Centerville, Utah.

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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 181 of 203
Sector: Software M&A 104 of 111
Type: Divestiture M&A Deals 17 of 19
State: Utah M&A 1 of 1
Country: United States M&A 129 of 146
Year: 2021 M&A 8 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-11 International Business Machines - 10 Patents

Armonk, New York, United States

International Business Machines' 10 Patents portfolio of broad applicability in the smart glass technology.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 ReaQta

Amsterdam, Netherlands

ReaQta is an AI Autonomous Detection & Response platform, built by an elite group of cyber security experts and AI/ML researchers. Built with advanced automated threat-hunting features, ReaQta allows organizations to eliminate the most advanced threats in real-time. As experts in AI and behavioral analysis, ReaQta's proprietary dual-AI engines provide organizations across all industries with autonomous, real-time, and fully customizable endpoint security, minus the complexity. ReaQta was founded in 2014 and is based in Amsterdam, Netherlands.

Buy -

Seller(S) 1

SELLER

Rego Consulting

Centerville, Utah, United States

Category Company
Founded 2007
Sector Business Services
DESCRIPTION

Rego Consulting is a PPM, ITBM, and Work Management services provider, helps hundreds of organizations achieve a higher return on their software investment. Rego Consulting was founded in 2007 and is based in Centerville, Utah.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Utah M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-05 Rego Consulting - ServiceNow Practice

Centerville, Utah, United States

Rego Consulting's ServiceNow Practice is a consulting provider for IT Business Management.

Sell -