IBM Acquiring Turbonomic to Build Hybrid Cloud AIOps IBM is continuing its breakneck pace of acquiring companies, with Turbonomic the latest acquisition. IBM is working to reinvent itself as a hybrid cloud provider, with plans to spin off its legacy business. To aid in that endeavor, the company has been snapping up startups left and right to help it round out its portfolio of services and abilities. The latest acquisition is Turbonomic, “an Application Resource Management (ARM) and Network Performance Management (NPM) software provider.” The company specializes in using AI to help automate ARM. The acquisition of Turbonomic builds on the company’s purchase of Instanta and will position it to be the only company able to offer the entire range AI-powered automation capabilities.