IBM To Buy Meteorix, a Workday Service Partner

By Claudia AssisMarketWatch Pulse

IBM Corp. said Monday it plans to buy Meteorix LLC, a services partner of cloud-based human resources and finance company Workday Inc. . "The planned acquisition of Meteorix can make IBM one of the leading, most qualified and experienced Workday service providers in the world," said Bridget van Kralingen, a senior vice president at IBM Global Business Services. Terms of the deal were not disclosed. Shares of IBM were flat in late trading Monday after ending the regular session down 2%.

Copyright © 2015 MarketWatch, Inc.

Continue Reading Below