April 7, 2025:
IBM Acquires Hakkoda to Boost AI Consulting - IBM has acquired New York-based data and AI consultancy Hakkoda to bolster its AI consulting services in financial services, healthcare, and the public sector. This acquisition supports IBM's strategy to invest more in AI and automation. Hakkoda, founded in 2021, focuses on cloud data migration and modernization with a global team of consultants.
The acquisition terms were not disclosed. This move follows IBM's recent acquisitions of DataStax and HashiCorp, indicating a significant revenue boost from its AI ventures.
