International Business Machines Corporation (NYSE:IBM) signed a definitive agreement to acquire NSONE, Inc. on February 28, 2023. Following close, NS1 employees will join IBM Software. The transaction is subject to customary closing conditions and regulatory clearances and is expected to close in the first half of 2023. Steven Williams of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor to International Business Machines Corporation (NYSE:IBM). Kris Withrow, Ryan Slunaker, Ralph Pais, Nancy Chen, Michael Knobler, Melissa Duffy, Steve Albertson and Ana Razmazma of Fenwick & West LLP acted as legal advisor to NSONE.

International Business Machines Corporation (NYSE:IBM) completed the acquisition of NSONE, Inc. during the three months ended March 31, 2023. During the three months ended March 31, 2023, IBM acquired StepZen, Inc., Uptake Technologies, Inc. and NSONE, Inc. at an aggregate cost of $226 million. Purchase price consideration for all acquisitions was paid primarily in cash.