3 Merger and Acquisitions Stock Stories of Interest on Friday
International Business Machines Corp. (NYSE: IBM): Current price $184.40
IBM has purchased Xtify Inc., which provides cloud-based mobile messaging tools assisting organizations improving mobile sales, drive in-store traffic, and engaging customers who have personalized offers. The acquisition will help extend IBM’s mobile capabilities to digital marketers across all industries ranging from retail to citizen engagement in the public sector through cloud-based services. Financial terms of the trasaction not being disclosed.