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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-...

Reseller News Join Reseller News Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.Sign up now 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 unconfi...

Stephen Lawson/IDG Big Blue kept its checkbook open this week buying AI-based application and network-performance management vendor Turbonomic for an unconfirmed estimate of $2 billion. The acquisition is the eleventh hybrid-cloud and AI-focused buy since Arvind Krishna became IBM 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. The Economic Times and Reuters said the deal was worth between $1.5 billion and $2 billion and would make it the largest since I...