Dialexa's leading digital product engineering
consulting services will enhance IBM's hybrid cloud and AI
capabilities, accelerate growth for clients
ARMONK,
N.Y., Sept. 22, 2022 /PRNewswire/ -- IBM
(NYSE:IBM) today announced plans to acquire Dialexa, a leading U.S.
digital product engineering services firm, to help companies drive
innovation and achieve their digital growth agendas. The
acquisition is expected to deepen IBM's product engineering
expertise and provide end-to-end digital transformation services
for clients.
Dialexa will be the sixth acquisition IBM has made in 2022,
further bolstering the company's hybrid cloud and AI skills and
capabilities. Since Arvind Krishna
became CEO in April 2020, IBM has
acquired more than 25 companies. Thirteen of those acquisitions,
including Dialexa, have been in IBM Consulting. Today's news
builds upon IBM Consulting's prior acquisitions,
including Neudesic,
Sentaca, Nordcloud and Taos.
The acquisition of Dialexa will be IBM Consulting's first in the
fast-growing digital product engineering services market, which is
estimated to reach $700 billion by
20261. Upon close, Dialexa will join IBM Consulting,
spearheading IBM's digital product engineering services presence in
the Americas.
"In this digital era, clients are looking for the right mix of
high-quality products to build new revenue streams and improve
topline growth," said John
Granger, Senior Vice President, IBM Consulting.
"Dialexa's product engineering expertise, combined with IBM's
hybrid cloud and business transformation offerings, will help our
clients turn concepts into differentiated product portfolios that
accelerate growth."
Founded in 2010, Dialexa delivers a suite of digital product
engineering services, helping organizations create transformative
products to drive business outcomes. Its multi-disciplinary and
highly skilled team of 300 product managers, designers, full-stack
engineers and data scientists, based in Dallas and Chicago, advise and create custom,
commercial-grade digital products for clients such as Deere &
Company, Pizza Hut US, and Toyota Motor North America. Dialexa has
deep experience delivering end-to-end digital product engineering
services consisting of strategy, design, build, launch, and
optimization services across cloud platforms including AWS and
Microsoft Azure.
"Digital product engineering represents the tip of the spear for
competitive advantage," said Scott
Harper, CEO and Co-Founder, Dialexa. "IBM and
Dialexa's shared vision for delivering industry-defining digital
products could be a game changer. We are thrilled to become part of
one of the world's most iconic companies to continue to scale and
grow our global client relationships in this rapidly growing
market."
"The Dialexa team has been an outstanding partner for us in
deepening our product thinking and assisting in our design practice
on some of our key digital initiatives. It is rare to find a
partner with such a strong combination of great thought partnership
and deep execution capabilities," said Chuck Rhoades, Chief Technology Officer, Pizza
Hut US. "We're excited about the possibilities of bringing
these two companies together."
The transaction is expected to close in the fourth quarter of
this year and is subject to customary closing conditions and
regulatory clearances. Financial details were not disclosed.
About IBM
IBM is a leading provider of global hybrid
cloud and AI, and consulting expertise. We help clients in more
than 175 countries capitalize on insights from their data,
streamline business processes, reduce costs and gain the
competitive edge in their industries. More than 4,000 government
and corporate entities in critical infrastructure areas such as
financial services, telecommunications and healthcare rely on IBM's
hybrid cloud platform and Red Hat OpenShift to affect their digital
transformations quickly, efficiently and securely. IBM's
breakthrough innovations in AI, quantum computing,
industry-specific cloud solutions and consulting deliver open and
flexible options to our clients. All of this is backed by IBM's
legendary commitment to trust, transparency, responsibility,
inclusivity and service. Visit www.ibm.com for more
information.
1 IDC WW Product Engineering Services Forecast:
2022-2026
CONTACT: Marisa Conway,
conwaym@us.ibm.com
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SOURCE IBM