Star Analytics acquired by IBM
Star Analytics is a provider of process automation and integration solutions across hybrid computing environments. With Star, line of business users are empowered to provide enterprises a cost-effective way to automate and integrate operational data for better business decisions. Notably, Star’s automation solution runs in the cloud, enabling automations to be hosted, run and managed in the cloud with data residing in hybrid cloud/on premise environments.
As a result, Star brings unique and valuable cloud automation solutions to IBM and in the process opens an untapped $4 billion market in automating line of business processes..
Making this strategic pitch of this small company to IBM was a critical part of the success in this project requiring the dedicated efforts of Star and Stratagem. Further, with Stratagem, Star was able to concentrate heavily on successfully growing its customer base to be in the best operating condition during the negotiation and sales process.
“Brian, you really added value in today’s due diligence meeting. I don’t find that other bankers invest the time to learn their client’s business as well as you do.”
— IBM corporate development lead on deal