IBM has acquired Logiq Consulting, a U.K.-based cybersecurity consultancy, to strengthen its secure digital transformation work and expand into regulated sectors such as defense, critical national infrastructure and the public sector; financial terms were not disclosed. Logiq adds Secure by Design capabilities, managed security services and the DISX sovereign collaboration platform, which could support cross-selling and IBM's digital sovereignty offerings. IBM Consulting's second-quarter 2026 revenue was $5.3 billion, essentially flat year over year (up 1.1% at constant currency), while segment profit rose 15.1% to $647 million. Intense competition from Accenture plc, Cisco Systems and Microsoft, along with lengthy public-sector procurement cycles, could limit near-term gains.
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