CIO Names IBM Acquisition of 7Summits One of Most Significant M&As of 2021
7Summits In the News
CIO, a leading online publication delivering tech news, analysis, blogs and video for IT professionals, recently published an article discussing major 2021 technology M&A deals, including IBM’s acquisition of 7Summits. The blog is the latest to highlight the Salesforce capabilities 7Summits brings to IBM, following recent mentions on sites like NelsonHall, Dealmakers and Yahoo Finance.
After stating that the pace of acquisitions is likely to increase in 2021, the blog highlights some of the reasons why enterprise software and services are prime for these types of deals thanks to continued evolution during the pandemic. CIO then dives into some of the most significant M&A activity from 2021’s first quarter, including Salesforce’s pending acquisition of Slack, that will impact IT and tech professionals.
An excerpt of the CIO blog featuring 7Summits and IBM can be read below, and the full article can be accessed at CIO’s website.
The Biggest Enterprise Technology M&A Deals of 2021
The first three months of 2021 saw three billion-dollar-plus acquisitions in hardware, software, and services, and plenty of other merger activity in professional services.
IBM Buys Salesforce Specialist 7Summits
IBM is adding some Salesforce integration expertise to its professional services division, IBM Global Business Services, with the acquisition of 7Summits, a small consulting company based in Milwaukee. It’s a small step, but a sign that IBM is keeping a close eye on where growth in demand for its services will come from in future.
Read the full article here.
Explore Other News About 7Summits, an IBM Company
Check out CEO Paul Stillmank’s comments on becoming 7Summits, an IBM Company in his open letter to friends, colleagues and clients of 7Summits.