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IBM to Acquire AI Technology Provider DataStax
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IBM to Acquire AI Technology Provider DataStax
Feb 25, 2025 8:21 AM

10:55 AM EST, 02/25/2025 (MT Newswires) -- International Business Machines ( IBM ) said Tuesday it intends to acquire artificial intelligence and data solution provider DataStax.

Financial terms of the transaction weren't provided.

IBM ( IBM ) said the acquisition of the Santa Clara, California-based company would deepen its watsonx capabilities and address generative AI data needs for enterprises.

The transaction is anticipated to close in Q2 of 2025, IBM ( IBM ) said.

Price: 260.25, Change: -1.63, Percent Change: -0.62

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