International Business Machines Corp.
Close the acquisition of StreamSets and webMethods from Software AG
Delivered after the deadline (1 days after the deadline)
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 25 Jan 2024
- Due
- 30 Jun 2024
- Delivered
- 1 Jul 2024
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“we recently announced the acquisition of StreamSets and webMethods from Software AG, which we expect to close mid-year”
What we found
Evidence strength A What the grades mean
The acquisition closed on July 1, 2024, one day after the June 30, 2024 deadline, per later 10-Q filings; the June 30 balance sheet still showed escrowed funds.
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A International Business Machines Corp. 10-Q filed 2024-07-30
“on July 1, 2024, we completed the acquisition of the StreamSets and webMethods assets from Software AG” ✓ confirmed on the page
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A International Business Machines Corp. 10-Q filed 2024-07-30
“At June 30, 2024, $2.3 billion was held in escrow and classified as restricted cash in the Consolidated Balance Sheet in connection with the acquisition.” ✓ confirmed on the page
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A International Business Machines Corp. 10-Q filed 2025-07-24
“On July 1, 2024, the company completed the acquisition of StreamSets and webMethods from Software AG.” ✓ confirmed on the page
Market reaction: the shares moved -0.6% against the S&P 500 over the three sessions around the disclosure (29 Jul 2024 to 1 Aug 2024). What this measures
Checked 10 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Acquisition of StreamSets and webMethods from Software AG
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- Medium
- Depends on
- Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2024-IBM-005760 · Corrections policy