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SCD Advisory represents SXiQ on their sale to IBM

SCD Advisory facilitated the acquisition of Australian Hybrid Cloud Consulting Business, SXiQ by IBM

SCD Advisory was successful in facilitating the recent sale of SXiQ to IBM. SXiQ is a digital transformation services company specializing in cloud applications, cloud platforms and cloud cybersecurity. Recent data has suggested that organisations are increasingly turning to multiple cloud providers and platforms to best meet a broad range of business needs. 

SXiQ works with leading Australian enterprises, to migrate and modernize their cloud infrastructure and applications across multiple industries including financial services, consumer products, energy, healthcare, and the public sector. 

Founder of SCD Advisory, Pierre Briand said:

"We wish John and his team great success with IBM as a prestigious strategic partner. For SCD Advisory, this is an exemplary deal: within the people and IP based sector, a private IT services business, joining a large international firm. After selling a digital transformation firm to the global leader in consulting (McKinsey & Company) earlier this year, SCD Advisory is proud to announce the sale of an IT cloud business to IBM, the largest IT Consulting and Services company in the world."

Source: SCD Advisory