Hogan Lovells Cadwalader advises IBM on its acquisition of Logiq Consulting

Dutchess County IDA to finalize a PILOT and sales tax exemption for IBM's $2.5B quantum-computing project in Poughkeepsie. The board will vote on Sept. 29. IBM calls it a key hub for its quantum development.

IBM's Digital Asset Haven platform now connects 12,500 financial institutions to Swift's blockchain ledger in a beta program, enabling tokenized deposit transactions. The integration supports ISO 20022 messages and allows 24/7 digital asset movement. IBM also introduced an on-premises deployment option for enhanced security and control, targeting regulated entities. According to IBM, 93% of financial institutions are modernizing payment infrastructure to accommodate digital assets.

IBM acquired UK-based cybersecurity consultancy Logiq Consulting, founded in 2018, to expand its secure digital transformation and cybersecurity capabilities in the UK. The acquisition aims to enhance IBM's offerings in critical sectors like defense and critical national infrastructure, according to IBM and Logiq Consulting.

IBM acquired UK cybersecurity consultancy Logiq Consulting to expand in regulated markets. Shares fell 2.4% to $227.13 on Thursday. The deal aims to enhance IBM's security credentials and government relationships. IBM's stock is 6.48% below its GF Value estimate of $242.86, indicating modest upside potential.

IBM has acquired Logiq Consulting, a firm specializing in public sector cybersecurity and managed collaboration. Logiq's platform, DISX, facilitates secure information exchange between government suppliers and customers. The acquisition aims to enhance IBM's cybersecurity offerings, particularly for defense and critical infrastructure. Logiq's CEO, James Morgan, expressed optimism about the deal, citing IBM's global scale and AI capabilities.

IBM (NYSE: IBM) has acquired Logiq Consulting, a UK-based cybersecurity consultancy, to enhance its secure digital transformation and cybersecurity capabilities. Logiq Consulting specializes in highly regulated environments, including the UK Defence Industry and Critical National Infrastructure. The acquisition aims to strengthen IBM's cybersecurity transformation portfolio and support its hybrid cloud, AI, and digital sovereignty agenda. Financial details were not disclosed.