International Business Machines Corp. (IBM), Monday announced that it has closed acquisition of New York-based Hakkoda Inc., a global data and AI consultancy, on April 2. The financial details of the transaction were not disclosed.
With this acquisition, IBM aims to expands its data transformation services portfolio, adding specialized data platform expertise to help clients get their data ready to fuel AI-powered business operations.
In the pre-market hours, IBM's stock is trading at $219.36, down 3.57 percent on the New York Stock Exchange.
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