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IBM Buys Prescinto To Expand Its Renewable Energy Efforts

  • IBM has acquired Bengaluru-based startup Prescinto to expand its renewable energy efforts.
  • The financial terms of the deal have not been disclosed.
  • Prescinto uses AI to improve the performance of clean energy plants and reduce operation costs.
  • This acquisition will enhance IBM's capabilities in asset lifecycle management and strengthen its leadership in the energy and utility space.

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