AMERICAN technology giant IBM is acquiring Spanish data analytics company Bluetab Solutions Group S.L. for an undisclosed sum.
Bluetab will become a strategic part of IBM’s data services consulting practice to further advance its hybrid cloud and AI strategy.
“The outside-in digital transformation of the past is giving way to the inside-out potential of using company-owned data with AI and automation to generate business value and create intelligent workflows,” said Mark Foster, Senior Vice President, IBM Services and Global Business Services.
“Our acquisition of Bluetab will fuel migration to the cloud and help our clients to realise even more value from their mission-critical data” he added.
Founded in 2005 and based in Madrid, Bluetab has long-standing relationships with leading brands in the banking, telecommunications, and energy and utilities industries throughout Spain and parts of Latin America including Mexico, Peru and Colombia.
Bluetab enables leading enterprises to drive more value from their data by transforming their on-premise data and analytics estates to hybrid multi-cloud data platforms using a combination of public cloud providers and technologies including Red Hat OpenShift.
Bluetab’s expertise in data and cloud migration services includes specialised data strategy, data fabric and advanced analytics.
Bluetab’s highly skilled data experts will join IBM Global Business Services to capitalise on the rapidly growing data services market opportunity.
The transaction which is for an undisclosed amount was announced on July 15 and is subject to customary closing conditions including regulatory clearance and is expected to close in the third quarter of 2021.
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