Will the IBM Stock Benefit From the Acquisition of Prescinto?

By Yahoo! Finance | Oct 16, 2024 at 02:15 PM EST

IBM acquired Prescinto, a renewable energy asset management SaaS provider from India. This strengthens IBM's Maximo Application Suite and supports green energy adoption. IBM's strategic acquisitions align with its AI product strategy, enhancing its digital transformation leadership. The utilities asset management market is expected to reach $12.

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