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IBM announced that it has entered into a definitive agreement with Vista Equity Partners to purchase Apptio Inc., a leader in financial and operational IT management and optimization (FinOps) software, for $4.6 billion.

/PRNewswire/ -- IBM (NYSE: IBM) today announced that it has entered into a definitive agreement with Vista Equity Partners to purchase Apptio Inc., a leader in...

IBM is set to buy Apptio, a leader in financial and operational IT management and optimization software, for $4.6 bn from Vista Equity

As cloud architecture continues to more ubiquitous among organizations, increasingly what is more apparent is that many organizations are taking a hybrid approach, blending SaaS in private and public clouds with some products that remain on premises. Today, IBM made a big acquisition doubling down on the hybrid concept: it will pay $4.6 billion in cash to buy Apptio -- which has built a platform to track how and where data lives in hybrid environments and how it's being used, in particular...

IBM officially announces definitive agreement with Vista Equity Partners for $5 billion acquisition of Apptio Inc.

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

IBM announced it will purchase Apptio, which sells technology to support multiple cloud platforms, in a deal worth $4.6 billion.#pressrelease

Says acquisition will drive 'significant synergies' across automation, hybrid cloud, AI and consulting

Dave Vellante's Breaking Analysis: The complete collection - SiliconANGLE

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