Acquisition History / IBM / Promontory Financial Group

IBM Acquires Promontory Financial Group

Announced September 29, 2016

What happened

Promontory Financial Group was a company providing risk management and regulatory compliance, acquired by IBM.

IBM's acquisition history

161st of 170 tracked deals

Disclosed prices

37 of 170 IBM deals

IBM's average disclosed price

$1.89B

IBM's largest disclosed deal

Tracked acquisitions in 2016

106 across all acquirers

IBM in Risk management and regulatory compliance

1 acquisition

When did IBM acquire Promontory Financial Group?

IBM acquired Promontory Financial Group on September 29, 2016. This was IBM's 161st publicly tracked acquisition out of 170 we have on record.

How much did IBM pay for Promontory Financial Group?

The price IBM paid for Promontory Financial Group was not publicly disclosed. Only 37 of IBM's 170 tracked acquisitions have a disclosed price.

What does Promontory Financial Group do?

Promontory Financial Group was a company providing risk management and regulatory compliance, acquired by IBM.

What other Risk management and regulatory compliance companies has IBM acquired?

Promontory Financial Group is IBM's only publicly tracked acquisition in Risk management and regulatory compliance so far.