- In August 2023, IBM completed the acquisition of Apptio Inc., a leader in financial and operational IT management software. This strategic move aims to enhance IBM's IT automation and AI capabilities by integrating Apptio's FinOps offerings—ApptioOne, Cloudability, and Targetprocess—with IBM's automation tools such as Turbonomic and Instana. The combined solutions provide clients with a comprehensive platform to manage, optimize, and automate technology spending decisions. In addition, Apptio's extensive dataset of anonymized IT spend will augment IBM's AI and data platform, Watsonx, unlocking new insights and innovations. This acquisition is expected to drive significant synergies across IBM's key growth areas, including automation, Red Hat, IBM Consulting, and its broader AI portfolio, thereby strengthening IBM's position in the IT automation and FinOps market
- In July 2022, Ericsson completed its acquisition of Vonage Holdings Corp., making Vonage a wholly owned subsidiary. This strategic move aims to integrate Vonage's cloud-based communication services, including Unified Communications as a Service (UCaaS) and Contact Centre as a Service (CCaaS), with Ericsson's 5G network capabilities. The acquisition is expected to create a global network platform that leverages advanced 5G network APIs, facilitating the development of innovative applications and services. By combining Ericsson's network expertise with Vonage's communication solutions, the deal is set to enhance customer experiences and drive digital transformation across industries. The integration also positions Ericsson to capitalize on new revenue streams in the rapidly growing cloud communications market
- In March 2022, Infosys announced its acquisition of oddity, a Germany-based digital experience and marketing agency. This strategic move aims to enhance Infosys' digital transformation capabilities by integrating oddity's expertise in digital commerce, marketing, and metaverse-ready solutions. The acquisition complements Infosys' previous purchase of WONGDOODY, further strengthening its creative and marketing services. By combining these assets, Infosys seeks to offer comprehensive, human-centred digital solutions to global clients, particularly Chief Marketing Officers navigating the evolving digital commerce landscape. The integration is expected to bolster Infosys' position in delivering innovative, end-to-end digital experiences across various industries
