IBM's Strategic Acquisition of Applications Software Technology: Bolstering Oracle Expertise for Client Transformations

IBM (NYSE: IBM) has announced its intent to acquire Applications Software Technology LLC (AST), a global Oracle consultancy specializing in public sector cloud transformations. This strategic move will significantly enhance IBM's Oracle solutions capabilities across North America, the UK, and Ireland, building on its 2024 acquisition of Accelalpha. The acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions and regulatory approvals.

AST brings deep expertise in driving business transformations with Oracle Cloud Applications, including for clients in the public sector such as local government and K-12 education. Public sector cloud transformations often face issues like difficulty transitioning legacy systems, scarce skills, or high security and compliance requirements. This acquisition will further enhance IBM's Oracle solutions to help clients address these complexities and drive lasting results in their digital transformations with Oracle Cloud Applications.



AST's large team of consultants brings expertise across the Oracle Cloud Applications Suite, particularly around Oracle Fusion Cloud Enterprise Resource Management (ERP) including Enterprise Performance Management (EPM), Oracle Cloud Human Capital Management (HCM), and Oracle Fusion Configure, Price, Quote (CPQ), as well as Oracle Cloud Infrastructure (OCI), JD Edwards, and NetSuite. Additionally, AST brings expertise and partnerships with Salesforce and MuleSoft, specializing in public sector solutions and more.

This acquisition supports IBM's open ecosystem approach, which allows it to meet clients where they are, bringing together whatever technology and expertise are needed across its expanding partner ecosystem to solve the client challenge. AST has been an Oracle partner since 1996 and a leading provider of Oracle solutions covering areas like business process redesign and Oracle Cloud deployment. In addition to its strong public sector presence, AST also serves commercial clients in the manufacturing, energy, and consumer packaged goods industries.

"We are excited to join IBM and open up new opportunities for our people and expand transformative solutions to deliver business outcomes for our customers," said Justin Winter, CEO, Applications Software Technology. "Applications Software Technology and IBM have complementary capabilities, client relationships, service offerings and values around our people, innovation and commitment to client success. Together, we will continue to grow in the market for cloud transformation solutions."

Headquartered in Lisle, Illinois, Applications Software Technology has teams across the US, UK, Canada, and India. Notable past acquisitions contributing to its growth include Symatrix Limited, 9EDGE Inc. and Computer Technology Resources Inc. Applications Software Technology is currently a portfolio company of funds managed by Recognize Partners LP. Upon close, Applications Software Technology will join IBM Consulting.

IBM and Oracle's partnership spans almost 40 years. IBM was named a Leader in the 2023 IDC MarketScape for Oracle Implementation Services Ecosystem Worldwide. The acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions and regulatory approvals. Financial details of the transaction were not disclosed.

For more information on Applications Software Technology, visit .

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