Neudesic, LLC, a leading U.S. cloud services consultancy specializing in the Microsoft Azure platform, has been acquired by IBM (NYSE:IBM).
Neudesic provides a full scope of digital transformation services across advisory, application development, cloud migration, DevOps, integration, data engineering, data visualization, and hyper-automation. As a top Microsoft global solution partner, Neudesic has deep expertise in technology transformation and delivering Microsoft Azure cloud services to clients across the health and life sciences, financial services, energy and utilities, professional services, and retail industries. Headquartered in Irvine, California, Neudesic has more than 1,500 cloud and data experts located across the U.S. and in India.
“The development of Neudesic over time has been spectacular. The innovative solution sets that the company developed and deployed in advanced business transformation with leverage of modern cloud tools and technologies on the Azure platform across industries are unparalleled,” said John Cooper, Managing Partner of Carlsquare. “The growth in this domain of technology-leveraged professional services will continue to accelerate in our view.”
Financial details of the deal were not disclosed. IBM and Neudesic signed a definitive agreement in the fourth quarter of 2021.
About Neudesic: Neudesic is the trusted technology partner in business innovation, delivering impactful business results to clients through digital modernization and evolution. Its consultants bring business and technology expertise together, offering a wide range of cloud and data-driven solutions, including custom application development, data and artificial intelligence, and comprehensive managed services. Founded in 2002, Neudesic is headquartered in Irvine, California.
Capital Clarity acted as exclusive financial advisor to Neudesic. Carlsquare and Capital Clarity merged in 2023.
