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7/8, 2:13 PM (Source: TeleTrader)
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Chart for: International Business Machines Corporation

IBM announces acquisition of WDG Automation

IBM said on Wednesday it reached a definitive agreement to buy Brazilian software provider of robotic process automation WDG Automation.

"With today's news, businesses will be able to efficiently re-engineer, optimize and standardize operations, while eliminating business processes and IT operations that are redundant or unnecessary," IBM stated. The company added WDG Automation's capabilities will be added to IBM's AI-infused automation capabilities across business processes and IT operations.

The company gave no information on the financial details of the agreement.

Breaking the News / NP