IBM ModernSystems Overview

  • Year Founded
  • 2024

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,723

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 1

IBM ModernSystems General Information

Description

Provider of application modernization services intended to serve public, private and third-sector organizations. The company specializes in assessment, automated refactoring, rehosting, data migration, archiving, optimization, field expansion, application consolidation and providing software solutions, thereby helping organizations create the right digital foundations that drive productivity, insight and innovation

Contact Information

Website
modernsystems.oneadvanced.com
Formerly Known As
Application Modernisation, Application Modernisation Capabilities, OneAdvanced (Application Modernisation Capabilities), Advanced
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • The Mailbox
  • 101 Wharfside Street
  • Birmingham B1 1RF
  • England, United Kingdom
Primary Industry
Systems and Information Management
Other Industries
Business/Productivity Software
Acquirer
International Business Machines
Corporate Office
  • The Mailbox
  • 101 Wharfside Street
  • Birmingham B1 1RF
  • England, United Kingdom

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IBM ModernSystems Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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IBM ModernSystems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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IBM ModernSystems Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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IBM ModernSystems Affiliates

Subsidiaries (11)

Name Industry Location Year Founded
Mitrefinch Holdings Birmingham, United Kingdom 2016
PATCHS Health London, United Kingdom 2014
Cobaltside Dublin, Ireland 2012
CloudTrade London, United Kingdom 2010
Decision Time Antrim, United Kingdom 2003
You’re viewing 5 of 11 affiliates. Get the full list.  »

IBM ModernSystems FAQs

  • When was IBM ModernSystems founded?

    IBM ModernSystems was founded in 2024.

  • Where is IBM ModernSystems headquartered?

    IBM ModernSystems is headquartered in Birmingham, United Kingdom.

  • What is the size of IBM ModernSystems?

    IBM ModernSystems has 1,723 total employees.

  • What industry is IBM ModernSystems in?

    IBM ModernSystems’s primary industry is Systems and Information Management.

  • Is IBM ModernSystems a private or public company?

    IBM ModernSystems is a Private company.

  • What is IBM ModernSystems’s current revenue?

    The current revenue for IBM ModernSystems is .

  • Who are IBM ModernSystems’s investors?

    OneAdvanced has invested in IBM ModernSystems.

  • When was IBM ModernSystems acquired?

    IBM ModernSystems was acquired on 01-Apr-2024.

  • Who acquired IBM ModernSystems?

    IBM ModernSystems was acquired by International Business Machines.

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