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IBM to acquire software provider Turbonomic for over $1.5 bln


TechnologyIBM to acquire software provider Turbonomic for over $1.5 bln
Krystal Hu
2 minute read
IBM (IBM.N) said on Thursday it has agreed to acquire Turbonomic, a provider of software that helps companies monitor the performance of their business applications, the latest in a series of cloud computing acquisitions by the tech giant.
The transaction values Turbonomic at between $1.5 billion and $2 billion, people familiar with the matter said on condition of anonymity. The deal, which confirmed an earlier Reuters report, would be IBM s largest since it acquired Red Hat for $34 billion in 2019.
IBM shares were up slightly in early afternoon trading. ....

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IBM Acquiring Turbonomic to Build Hybrid Cloud AIOps


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. ....

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IBM buys Turbonomic for AIOps, hybrid-cloud management support


IBM acquires Turbonomic for AIOps, hybrid cloud management support
IBM acquires Turbonomic for AIOps, hybrid cloud management support
By acquiring Turbonomic, IBM gains tools that manage performance of everything from applications and containers to virtualisation, cloud, and on-prem compute, storage, and network resources.
Arvind Krishna (IBM)
Credit: IBM
IBM kept its chequebook open this week buying AI-based application and network-performance management vendor Turbonomic for an unconfirmed estimate of US$2 billion. The acquisition is the eleventh hybrid cloud and AI-focused buy since Arvind Krishna became Big Blue CEO in 2020.
Hybrid cloud and AI are the two dominant forces driving change for our clients and must have the maniacal focus of the entire company,” he said at that time. ....

Arvind Krishna , Dinesh Nirmal , Watson Aiops , Pratik Gupta , Red Hat , Network Performance Management , Economic Times , Application Resource Management , Cloud Management , General Manager , Intersight Workload , அரவிந்த் கிருஷ்ணா , தினேஷ் நிர்மல் , பிராட்டிக் குப்தா , சிவப்பு தொப்பி , வலைப்பின்னல் செயல்திறன் மேலாண்மை , பொருளாதார முறை , விண்ணப்பம் வள மேலாண்மை , மேகம் மேலாண்மை , ஜநரல் மேலாளர் ,

IBM acquires Turbonomic for AIOps, hybrid cloud management support


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IBM acquires Turbonomic for AIOps, hybrid cloud management support
By acquiring Turbonomic, IBM gains tools that manage performance of everything from applications and containers to virtualisation, cloud, and on-prem compute, storage, and network resources.
Arvind Krishna (IBM)
Credit: IBM
IBM kept its chequebook open this week buying AI-based application and network-performance management vendor Turbonomic for an unconfirmed estimate of US$2 billion. The acquisition is the eleventh hybrid cloud and AI-focused buy since Arvind Krishna became Big Blue CEO in 2020. ....

Arvind Krishna , Dinesh Nirmal , Watson Aiops , Pratik Gupta , Red Hat , Network Performance Management , Big Blue , Economic Times , Application Resource Management , Cloud Management , General Manager , Intersight Workload , அரவிந்த் கிருஷ்ணா , தினேஷ் நிர்மல் , பிராட்டிக் குப்தா , சிவப்பு தொப்பி , வலைப்பின்னல் செயல்திறன் மேலாண்மை , பெரியது நீலம் , பொருளாதார முறை , விண்ணப்பம் வள மேலாண்மை , மேகம் மேலாண்மை , ஜநரல் மேலாளர் ,

IBM has another crack at HCI, analysts say container-centric software-defined storage approach could shake things up


Big Blue also slurps Turbonomic to give hybrid clouds an injection of AI automation
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IBM has made some interesting container-and-hybrid-cloud-centric moves.
Earlier this week the company announced its intention to deliver a container-native software defined storage product, called IBM Spectrum Fusion, in the second half of 2021. Big Blue said it will initially be sold as a hyperconverged infrastructure that includes Red Hat OpenShift and can handle virtual machines and containers, or provide software defined storage “for cloud, edge and containerized data centres.”
As observed by a trio of Forrester analysts, IBM’s move is interesting because most hyperconverged infrastructure is built around virtual machines. And while VMware has its own Tanzu container stack, Forrester said that while it is virtualized, it is also “… monolithic, and the native scale-out features brought to the market by open source-derived alternatives will make some infras ....

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