Can IBM Stock Benefit From Applications Software Technology Buyout?

International Business Machines Corporation (IBM) has inked an agreement to acquire Applications Software Technology (“AST”) LLC, a global Oracle consultancy firm.  The transaction builds on IBM's previous acquisition of Accelalpha in 2024, further enhancing its capabilities to assist clients in deploying, managing and maximizing the value of Oracle cloud solutions. The transaction, subject to customary closing conditions and certain regulatory approvals, is expected to close in the first quarter of 2025.IB ...