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News 2026-09-24 17:41 UTC

IBM Falls Over 2.4% After Buying Sovereign Cybersecurity Credentials

IBM NYSE:IBM, the hybrid-cloud, AI and consulting giant, acquired UK cybersecurity consultancy Logiq Consulting to deepen its reach into highly regulated and sovereign markets. Shares fell roughly 2.4% to $227.13 on 10.30am ET time on Thursday morning.Logiq gives IBM specialized expertise across de…