Company
Melbourne, VIC
Every investor coverage indicates participated in a round SXiQ raised.
The transaction that ended SXiQ's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| IBM | Acquisition | 1 Dec 2021 | - | Eaton Square, ARN (ARNnet) (Wed 12 Jan 2022), ARN (ARNnet) (Wed 1 Dec 2021) |
Companies SXiQ acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| John Hanna | Managing Director | ARN (ARNnet) |
Stories naming SXiQ. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Eaton Square's quarterly review summarises eight featured Australian and New Zealand technology acquisitions from the December 2021 quarter, including Unity's purchase of Weta Digital, and introduces its Sydney-based technology M&A advisory team.
IBM has bought Envizi, a Sydney-based sustainability data and analytics software firm, to strengthen its environmental performance offerings; the deal closed 11 January 2022, terms undisclosed. IBM also bought Melbourne's SXiQ late last year.
Also Techboard
IBM has bought Melbourne digital transformation firm SXiQ to boost IBM Consulting's hybrid and multi-cloud capabilities, its twentieth acquisition under CEO Arvind Krishna; financial terms were not disclosed.