By Micah Maidenberg

 

International Business Machines Corp. said Wednesday it has agreed to buy WDG Solucoes Em Sistemas E Automacao De Processos LTDA, a Brazilian software company focused on robotic process automation.

The price for the acquisition wasn't disclosed.

IBM said it plans to embed WDG's products into its existing artificial-intelligence-focused capabilities across business processes and information-technology operations, allowing chief operating and chief information officers at companies to tap broader access to intelligent automation through software robots.

WDG, based in Sao Jose do Rio Preto, Brazil, provides robotic process automation, interactive voice response technology, chatbots and other services, mostly to clients in Latin America, IBM said.

 

Write to Micah Maidenberg at micah.maidenberg@wsj.com

 

(END) Dow Jones Newswires

July 08, 2020 08:34 ET (12:34 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
International Business M... (NYSE:IBM)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more International Business M... Charts.
International Business M... (NYSE:IBM)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more International Business M... Charts.