2023-12-19 09:19:43.AIbase.4.3k
IBM Acquires Software AG's Cloud Computing and AI Assets for $2.33 Billion
IBM's acquisition of Software AG's cloud computing and artificial intelligence assets for $2.33 billion will enhance IBM's capabilities in artificial intelligence and cloud computing, improving its data ingestion capabilities. The global integrated software market is expected to exceed $18 billion by 2027. The transaction is expected to be completed in the second quarter of 2024.
