PricewaterhouseCoopers has announced IBM's acquisition of PWC Consulting in a deal worth over £2.2bn in cash and stock.
The combination creates a new global business unit, IBM Business Consulting S ...
PricewaterhouseCoopers has announced IBM's acquisition of PWC Consulting in a deal worth over £2.2bn in cash and stock.
The combination creates a new global business unit, IBM Business Consulting Services, comprising more than 30,000 IBM and 30,000 transferring PWC Consulting professionals.
IBM Business Consulting Services will become the world's largest consulting services organization, under the deal. IBM Business Consulting Services will be part of IBM Global Services.
IBM Business Consulting Services general manager Ginni Rometty said: "This union creates a new category in the consulting field. We've combined two organisations with complementary skills and cultures, and which share a vision of fusing business insight and technology in a way that can significantly benefit a client's bottom line.
"Together, we can offer the world's most complete range of consulting services. Combine that with the full range of IBM services, infrastructure, technology and financing resources, and you have the integrated business technology solutions that many of our clients are now demanding."
