IBM has announced acquiring digital engineering firm Dialexa as part of a larger multi-cloud strategy. The acquisition will help IBM extend its reach across Amazon Web Services (AWS) and Microsoft Azure.
“In this digital era, clients are looking for the right mix of high-quality products to build new revenue streams and improve top line growth. Dialexa’s product engineering expertise, combined with IBM’s hybrid cloud and business transformation offerings, will help our clients turn concepts into differentiated product portfolios that accelerate growth,” says IBM Consulting Senior VP John Grange.
IBM has been working to develop its cloud business in recent years, and the acquisition of Dialexa will give the company a boost in this area. Dialexa has a team of experienced engineers who will be able to help IBM develop its presence in the cloud computing space. In addition, Dialexa also has a strong focus on data analytics, which will be a valuable asset for IBM as it looks to develop its cloud business further.
“Digital product engineering represents the tip of the spear for competitive advantage. IBM and Dialexa’s shared vision for delivering industry-defining digital products could be a game changer.” says Scott Harper, CEO, and Co-founder of Dialexa.
Dialexa is IBM’s sixth acquisition in 2022 as the company continues to purchase hybrid cloud companies. IBM Consulting further strengthens its hybrid cloud and artificial intelligence capabilities through its recent acquisitions of Neudesic, Sentaca, Nordcloud, and Taos. Moreover, IBM acquired Randori, a cybersecurity and attack surface management company.
The deal between IBM and Dialexa is set to close in the 4th quarter of this year and is subject to customary closing conditions and regulatory clearances. The financial terms of the agreement were not yet disclosed.
Dallas-based Dialexa is one of the leading providers of digital product engineering services in the U.S. With Dialexa joining IBM Consulting, the company will strengthen IBM’s presence in the Americas.
International Business Machines Corporation (IBM) is a multinational technology company headquartered in New York with operations in more than 170 nations. As well as producing computer hardware, middleware, and software, IBM provides hosting and consulting services for areas as diverse as mainframe computers and nanotechnology. It is also a major research organisation, having generated 29 consecutive U.S. patents (as of 2021).