Will the IBM Stock Benefit From the Acquisition of Prescinto?

International Business Machines Corporation (IBM) recently announced the acquisition of Prescinto, a prominent provider of asset performance management software-as-a-service tailored for the renewable energy industry. Headquartered in Bangalore, India, Prescinto commenced its operation in 2016. Since then, the company’s operation has expanded across 14 countries with 16 Gigawatts of energy assets under its management.What Does the Acquisition Bring to the Table?With AI at the core, Prescinto’s cutting-edge ...