April 7, 2025:
IBM Boosts AI Consulting with Hakkoda Acquisition - IBM has acquired Hakkoda Inc., enhancing its data transformation services. Known for expertise in migrating and modernizing data, Hakkoda's integration will bolster IBM's ability to meet the growing demand for data services. With a strong generative AI portfolio and specialized industry solutions, Hakkoda will support IBM's AI-powered delivery efforts.
This move positions IBM to deliver faster transformation for clients across various sectors, capitalizing on the expanding enterprise intelligence services market, projected to grow significantly by 2028. Financial terms were not disclosed.