IBM to Acquire Apptio - FinSMEs
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The Apptio acquisition will help IBM compete with rival cloud services providers such as AWS, Google Cloud, Microsoft and Oracle, which offer their own expense tracking tools.
IBM announced it will purchase Apptio, which sells technology to support multiple cloud platforms, in a deal worth $4.6 billion.#pressrelease
IBM has agreed to acquire Apptio, a provider of financial and operational IT management and optimisation (FinOps) software.
Says acquisition will drive 'significant synergies' across automation, hybrid cloud, AI and consulting