Through the acquisition of Dialexa, its sixth this year, IBM expects to help organisations in driving innovation and execute their digital growth agendas apart from expanding its expertise in product engineering and offer clients with end-to-end digital transformation services
Dialexa to be acquired by IBM. (Credit: Mark Ahsmann/Wikimedia Commons)
Tech major IBM has signed a deal to acquire Dialexa, a US-based digital product engineering services provider, for an undisclosed price.
Established in 2010, Dialexa has a suite of digital product engineering services to cater to companies in helping them build transformative products for driving business outcomes.
The company’s 300 product managers, full-stack engineers, designers, and data scientists are said to advise and develop custom, commercial-grade digital products for clients that include Pizza Hut US, Toyota Motor North America, and Deere & Company. Its team is based in Dallas and Chicago.
Dialexa’s end-to-end digital product engineering services consist of strategy, design, build, launch, and optimisation services across cloud platforms such as Microsoft Azure and AWS.
Dialexa CEO and co-founder Scott Harper said: “Digital product engineering represents the tip of the spear for competitive advantage.
“IBM and Dialexa’s shared vision for delivering industry-defining digital products could be a game changer. We are thrilled to become part of one of the world’s most iconic companies to continue to scale and grow our global client relationships in this rapidly growing market.”
Through the acquisition, IBM expects to help organisations in driving innovation and execute their digital growth agendas. Besides, the addition of Dialexa is likely to expand IBM’s expertise in product engineering and offer clients end-to-end digital transformation services.
Dialexa will mark the sixth acquisition for IBM this year. It is the first acquisition for IBM Consulting in digital product engineering services.
IBM Consulting senior vice president John Granger said: “In this digital era, clients are looking for the right mix of high-quality products to build new revenue streams and improve topline growth.
“Dialexa’s product engineering expertise, combined with IBM’s hybrid cloud and business transformation offerings, will help our clients turn concepts into differentiated product portfolios that accelerate growth.”
The deal, which is subject to customary conditions and regulatory clearances, is anticipated to close in Q4 2022.