IBM acquired Hakkoda to continue the boost of investment in artificial intelligence

IBM on Monday He said it has gained HackudaA Data and Ai Consultance in New York.

Mohamed Ali, SVP and head of IBM Consulting Company, said in a statement that the acquisition would “expand” IBM’s ability to bring consultants and AI to customers, especially customers in industries such as financial services, public sector, health care and life sciences.

“Through data experience in Hakkoda, deep technology partnerships, and the delivery model centered around assets, IBM will be in a better position to provide faster value to customers while converting it with artificial intelligence,” Ali said.

The financial conditions of the deal have not been revealed.

The deal comes as IBM continues to intensify its investments in artificial intelligence technologies and automated operation. In February, the company got DatastaxA platform for building artificial intelligence applications, and recently Put the finishing touches on the purchase process The infrastructure and security automation company Hashicorp.

The strategy resulted in its fruits for IBM. In Q4 2024, the company, which makes the largest part of the artificial intelligence income of consulting, The largest revenue jump recorded In five years – send its shares 10 %. IBM said at the time that AI’s reservations and sales amounted to more than $ 5 billion Beginning to date.

Participated in its foundation in 2021 by Ex-Deloitte GM Erik Duffield, Hakkoda helps customers to transfer data to the cloud-in particular, Snow Think Data Club. The start starting provides a set of tools to help companies deport and convert data, as well as “update” products from old systems.

The startup managed to raise a total of $ 5.6 million in investment capital, According to Crunchbase. Among its supporters are Tercerra, Lead Edge Capital and Casimir Holdings.

Doffield said hundreds of consultants in Hakuda throughout the United States, Latin America, India, Europe and the United Kingdom will join the IBM consulting section as part of the deal.

“From the beginning, Hakuda adhered to” in the square, “do not monitor the biggest shift in history but its formation.” “IBM Heritage for Innovation, their commitment to discovery, and deep partnerships with customers about the most technical challenges (they are) perfect for taking modern data consultations that focus on the industry in Hackuda to the global market.”