IBM / Expertus 2020
IBM acquired Expertus on December 17, 2020.
- Target
- Expertus
- Acquirer
- IBM
- Announced
- December 17, 2020
- Sub-sector
- Treasury / Cash Management
Transaction overview
- IBM announced the acquisition of Expertus on December 17, 2020.
- The deal is expected to close pending customary conditions.
Strategic rationale
Expand hybrid cloud-based payments and treasury management capabilities powered by AI to strengthen digital payment solutions for financial institutions.
Deal terms & multiples
Frequently asked questions
When did IBM announce the acquisition of Expertus?
IBM announced the acquisition of Expertus on December 17, 2020.
What sub-sector is Expertus in?
Expertus is tracked in the Treasury / Cash Management sub-sector.
Sources
- siliconindia.com /news/general/ibm-buys-fintech-firm-expertus-to-expand-digital-payment-solutions-nid-214846-cid-1.html