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Big Blue is snapping up the hybrid cloud group to drive “significant synergies” across several areas including automation, Red Hat, its AI portfolio and IBM Consulting
The acquisition of Apptio should significantly expand IBM’s existing hybrid cloud management solutions and provide leverage points that benefit the Watsonx AI platform.
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.
IBM announced yesterday that it has entered an agreement with Vista Equity Partners to purchase tech spend management company Apptio for US$4.6 billion. IBM says that the acquisition will help clients around the world optimize their enterprise IT spend and manage the increased complexity of businesses using multi-cloud environments. “Technology is changing business at a
/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...