IBM announces acquisition of US-based Neudesic; adds to India presence

IBM has stated that it will be focusing on hybrid cloud play which it says is a $200 billion opportunity

IBM today announced the acquisition of Neudesic, a US-based cloud services consultancy specializing primarily in the Microsoft Azure platform, along with bringing skills in multicloud. This acquisition will significantly expand IBM’s portfolio of hybrid multicloud services and further advance the company’s hybrid cloud and AI strategy. Financial details were not disclosed.

The acquisition is of significance to its presence in India as well as more than half of Neudesic’s headcount is based in India across Hyderabad, Bengaluru and Kochi. Neudesic has a total headcount of 1,500 cloud and data experts.

Including Neudesic, IBM has acquired more than 20 companies --