Search by
IBM announced an agreement to acquire Octo, a U.S.-based IT modernization and digital transformation services provider exclusively serving the U.S. federal government, including defense, health, and civilian agencies.
IBM's acquisition of Octo establishes one of the largest digital transformation partners to the federal government.
Financial details of the deal were not disclosed.
Parties
Company
IBM
Company
Octo
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
07 December 2022