Industry Intelligence Mergers and Acquisitions

IBM to Acquire Accelalpha

Acquisition of leading Oracle consultancy to accelerate Oracle Cloud application operations. IBM (NYSE: IBM) today announced its intent to acquire Accelalpha,…

Michael Webb | September 09, 2024

Acquisition of leading Oracle consultancy to accelerate Oracle Cloud application operations.

IBM (NYSE: IBM) today announced its intent to acquire Accelalpha, a global Oracle services provider with deep expertise helping clients digitize core business operations and accelerate adoption of Oracle Cloud Applications. This acquisition expands IBM's Oracle consulting expertise in supply chain and logistics, finance, enterprise performance management (EPM) and customer transformation.

As Oracle applications have matured in depth of functionality, customers have prioritized working with more strategic services partners to enable transformation1. Upon close, Accelalpha will join IBM Consulting, bringing over a large global team of skilled consultants to help clients modernize with Oracle Cloud Applications.

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