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Capital Clarity Advises Neudesic in its Acquisition by IBM

Capital Clarity Advises Neudesic in its Acquisition by IBMCapital Clarity Advises Neudesic in its Acquisition by IBM

Capital Clarity announced that it advised Neudesic, LLC, a leading U.S. cloud services consultancy specializing in the Microsoft Azure platform, in its acquisition by IBM.

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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.

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“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 Capital Clarity. “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.

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[To share your insights with us, please write to sghosh@martechseries.com]

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