AlixPartners Acquires Agentic AI Consulting Firm Artium

KUALA LUMPUR, Aug 5 (Bernama) -- AlixPartners has acquired Artium, an agentic artificial intelligence (AI) software consulting firm that develops enterprise AI agents for clients including BNY Mellon, Mayo Clinic and eBay, as the global consulting firm expands its AI capabilities.

In a statement, the company said Artium will continue operating as a distinct team within AlixPartners under the brand "Artium by AlixPartners", with its people, including its founders, methodology and research relationships remaining unchanged.

AlixPartners Co-Chief Executive Officer (CEO), Rob Hornby said Artium has developed production-grade agentic AI systems and established strong relationships across leading AI research organisations, adding that the combination is expected to enhance the firm's ability to deliver business transformation for clients.

Meanwhile, Artium CEO and Co-Founder, Ross Hale said AlixPartners was selected as the next growth partner because of its understanding of Artium's business, technology capabilities and long-term opportunities, while also supporting the culture and values that have contributed to the firm's growth.

AlixPartners said the acquisition combines Artium's AI engineering capabilities with the firm's industry experience and is expected to create new opportunities to transform businesses and integrate technology across enterprises.

Founded 45 years ago, AlixPartners provides consulting services to companies across a range of industries, focusing on performance improvement, restructuring, transformation and technology-enabled business change.

-- BERNAMA