Meet Sunny Gupta, who sold his company for Rs 37,000 crore, not from IIT, IIM, his business is...
Born in Chandigarh, the 53-year-old Sunny Gupta is a serial Silicon Valley entrepreneur and has launched four startups.
Source: dnaindia.com
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Meet Apptio founder Sunny Gupta, who just sold his startup to IBM for $4.6 Billion
A serial entrepreneur from Silicon Valley with four startups under his belt, Gupta has just sold his latest SaaS company, Apptio, to IBM. Life has come full circle for Gupta, given that Big Blue was where he began his career three decades ago.
Source: moneycontrol.com
Tech MNC IBM to Acquire Apptio from Vista Equity Partners for $4.6 Billion
IBM, the multinational tech corporation headquartered in New York, has recently announced its acquisition of Apptio, a technology spend-management platform, from Vista Equity Partners. The deal was finalized for a cash payment of $4.6 billion. IBM plans to finance the Apptio acquisition using its available cash reserves. The company expects the transaction to be concluded in the latter half of 2023. In an interview with Reuters, Senior Vice President Rob Thomas revealed that IBM remains opportunistic about potential mergers and
Source: techstory.in
IBM to acquire Apptio for $4.6 billion from Vista Equity Partners
Along with the tech giant’s IT automation software and its watsonx AI platform, Apptio will be able to help businesses around the world optimise IT spends and derive tangible financial value and operational improvement.
Source: moneycontrol.com
Business.Scoop » Apptio Deepens Collaboration With AWS
Business Scoop provides news and views on Business and Markets from New Zealand
Source: scoop.co.nz