M&A Deal Summary

IBM Acquires Waeg

On May 18, 2021, IBM acquired information technology company Waeg

Acquisition Highlights
  • This is IBM’s 33rd transaction in the Information Technology sector.
  • This is IBM’s 1st transaction in Belgium.

M&A Deal Summary

Date 2021-05-18
Target Waeg
Sector Information Technology
Buyer(s) IBM
Deal Type Add-on Acquisition

Target

Waeg

Brussel, Belgium
Waeg is a Salesforce Consulting Partner with several offices across Europe: Belgium, Denmark, France, Ireland, Netherlands, Poland, and Portugal. Waeg refers to its global network of member firms and their related entities. Waeg was founded in 2012 and is based in Brussel, Belgium.

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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 178 of 204
Sector: Information Technology M&A 33 of 48
Type: Add-on Acquisition M&A Deals 158 of 181
Country: Belgium M&A 1 of 1
Year: 2021 M&A 5 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-29 Turbonomic

Boston, Massachusetts, United States

Turbonomic is an application resource management that simultaneously optimizes application performance, compliance, and cost in real-time. The software platform automatically identifies and executes the right actions at the right time at every layer of the application stack. Turbonomic was formed in 2009 and is based in Boston, Massachusetts.

Buy $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-08 BoxBoat

Bethesda, Maryland, United States

BoxBoat is a DevSecOps and digital transformation consultancy, helping commercial and public sector enterprises achieve digital transformation by delivering software faster. BoxBoat's core competencies include aiding customers with a customized strategy for the adoption of Kubernetes, cloud native technologies, and automation. BoxBoat was founded in 2016 and is based in Bethesda, Maryland.

Buy -