In February, IBM acquired DataStax, a platform for building AI apps, and the outfit recently finalized its purchase of infrastructure and security automation firm HashiCorp. It’s a strategy that’s done well for IBM. In Q4 2024, the company, which makes the bulk of its AI income from consulting, recorded its biggest revenue jump in five years sending its stock soaring 10%. In Q4, IBM said that AI bookings and sales stood at over $5 billion inception-to-date.IBM on Monday announced that it acquired Hakkoda, a data and AI consultancy based in New York, for an undisclosed amount.IBM’s Hakkoda buy comes as the former company continues to ramp up its investments in AI and automation technologies. Do you support acquistion of promisning tech startups ?
