Can IBM Stock Benefit From Applications Software Technology Buyout?
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IBM is expanding its Oracle consulting expertise through the acquisition of Applications Software Technology, potentially benefiting its stock.
January 17, 2025 | 3:45 pm
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IBM is acquiring Applications Software Technology to enhance its Oracle consulting capabilities, which could positively impact its stock by strengthening its service offerings.
The acquisition of Applications Software Technology is a strategic move by IBM to enhance its Oracle consulting services. This could lead to increased revenue and market share in the consulting sector, potentially boosting IBM's stock price in the short term.
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