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Tech MNC IBM to Acquire Apptio from Vista Equity Partners for $4.6 Billion

IBM, the multinational tech corporation headquartered in New York, has recently announced its acquisition of Apptio, a technology spend-management platform, from Vista Equity Partners. The deal was finalized for a cash payment of $4.6 billion. IBM plans to finance the Apptio acquisition using its available cash reserves. The company expects the transaction to be concluded in the latter half of 2023.  In an interview with Reuters, Senior Vice President Rob Thomas revealed that IBM remains opport...
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