Acquisition History / IBM / Corio

IBM Acquires Corio

Announced March 16, 2005 — $182M

IBMApplication Services2005

What happened

Corio was a company based in USA providing application Services, acquired by IBM.

Acquirer
IBM
Target
Corio
Announced
March 16, 2005
Price
$182M
Industry
Application Services

By the numbers

IBM's acquisition history
30th of 170 tracked deals
Disclosed prices
37 of 170 IBM deals
IBM's average disclosed price
$1.89B
IBM's largest disclosed deal
Red Hat ($34B)
Tracked acquisitions in 2005
102 across all acquirers
IBM in Application Services
1 acquisition

Frequently Asked Questions About This Acquisition

When did IBM acquire Corio?

IBM acquired Corio on March 16, 2005. This was IBM's 30th publicly tracked acquisition out of 170 we have on record.

How much did IBM pay for Corio?

IBM paid $182M for Corio.

What does Corio do?

Corio was a company based in USA providing application Services, acquired by IBM.

What other Application Services companies has IBM acquired?

Corio is IBM's only publicly tracked acquisition in Application Services so far.

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