M&A Deal Summary

IBM Acquires Serbian Business Systems

On April 26, 2007, IBM acquired information technology company Serbian Business Systems

Acquisition Highlights
  • This is IBM’s 9th transaction in the Information Technology sector.
  • This is IBM’s 1st transaction in Serbia.

M&A Deal Summary
Date 2007-04-26
Target Serbian Business Systems
Sector Information Technology
Buyer(s) IBM
Deal Type Add-on Acquisition

Target

Serbian Business Systems

Beograd, Serbia
Serbian Business Systems (SBS) is a provider of information technology providing the local market with hardware, software and maintenance services, based on the solutions of several business partners including IBM, Cisco, Symantec and others.

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Buyer(S) 1

Buyer

IBM

Armonk, New York, United States
Category Company
Founded 1911
Sector Information Technology
Employees282,200
Revenue 61.9B USD (2023)
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 63 of 198
Sector (Information Technology) 9 of 44
Type (Add-on Acquisition) 51 of 175
Country (Serbia) 1 of 1
Year (2007) 4 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-01 Softek Storage Solutions

Vienna, Virginia, United States

Softek Storage Solutions Corp. is a developer of software that reduces the risks, costs, and complexities of managing data storage in multi-vendor mainframe and open system environments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-16 DataMirror

Markham, Ontario, Canada

DataMirror Corp. is a provider of technology that identifies and captures data that has been added, updated or deleted and allows the changed data to be delivered in real time to processes, applications and databases, ensuring that continuous, accurate and trusted information is available for decision-making.

Buy CA$170M
Mergr

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