PwC completes sale of consulting arm to IBM

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

PwC completes sale of consulting arm to IBM

October 05 2002

PricewaterhouseCoopers has closed the sale of its consulting business to IBM. The sale was completed on October 2 after being approved by the PricewaterhouseCoopers member firms and partners globally and receiving all regulatory clearances. IBM paid approximately $3.5 billion for the business, which had previously been considered for an IPO under the name "Monday".

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Request Access or Login

Topics

News Direct Tax
more across site & shared bottom lb ros

More from across our site

Direct Tax
EY
Exclusive: EY absorbs Arnstein Legal to launch new Venezuelan legal practice
The move brings specialist tax and litigation capability to EY as it seeks to close the gap on Baker McKenzie and Venezuela’s leading local firms
Tom Baker, October 15 2026
Direct Tax
iba panel 2026.jpeg
Opinion: Law firms can’t crack AI alone
The industry’s response to AI requires an unfamiliar ingredient as firms battle to shape their futures
Ed Conlon, October 14 2026
Direct Tax
suleman ali and brad ashton
WTS UK capitalises again on EY exodus with director hire
The ambitious big four challenger firm has also appointed ex-RSM partner Brad Ashton to build out its customs and global trade practice
Sam Sholli, October 13 2026
Direct Tax
Deloitte.jfif
Deloitte Cyprus embroiled in Roman Abramovich tax evasion allegations
The big four firm allegedly reviewed backdated documents and signed off on accounts that removed hundreds of millions of dollars of Abramovich’s assets
Sam Sholli, October 12 2026
Transfer Pricing
Global digital
Beyond the headlines: Is TP becoming the new big law/big four battleground?
New Tier 1 entrants and an expanding cohort of established players indicate that law firms are becoming increasingly credible challengers in Europe's TP market
Tom Baker, October 12 2026
Awards
IFLR AWARDS MEA 2026-488.jpg
Al Tamimi collects top tax honour at IFLR/ITR Middle East Awards
Leading firms and individuals gathered in Dubai to celebrate standout legal, dealmaking and tax work across the region
October 09 2026
Transfer Pricing
55562737749_e3ceb7b9b6_o.jpg
A taxing week: COVID-19 has ushered in the aggressive tax authority age
Tax authorities want more revenue, have better tools to find it and are increasingly willing to fight for it
Sam Sholli, October 09 2026
Direct Tax
ej nedder resized.jpg
Exclusive: RSM expands global network with Lithuanian firm addition
Audifina, the sixth-largest firm of its kind in Lithuania, will bring a 90-strong team with offices in Vilnius and Kaunas to RSM’s international platform
Tom Baker, October 08 2026
Direct Tax
Back office
Why AI is reshaping tax risks for India’s GCCs
As global capability centres use AI to deliver services, MNEs face a fresh wave of PE and TP exposure that their existing playbooks weren't built for
Mehul Jain, October 07 2026
Direct Tax
Ryan
Ryan continues global expansion with Brazil tax technology firm acquisition
The deal for Comtax hands Ryan immediate scale in Brazil, with a near-70-strong team serving clients from São Paulo
Sam Sholli, October 06 2026
Gift this article