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IBM Closes Acquisition of Turbonomic to Deliver Comprehensive AIOps Capabilities for Hybrid Cloud


Posted June 17th, 2021 for IBM
Complements recent acquisition of Instana and launch of IBM Cloud Pak for Watson AIOps to address AI-driven automation of IT; powered by Red Hat OpenShift to run anywhere
Acquisition builds on IBM s growing investment in its ecosystem partners including Cisco to help customers accelerate their journey to hybrid cloud and AI
ARMONK, N.Y. , June 17, 2021 / / IBM (NYSE: IBM ) today announced the closing of its acquisition of Turbonomic, Inc., an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston, MA.
The close of the acquisition complements IBM s recent acquisition of Instana for application performance monitoring (APM) and observability, and the launch of IBM Cloud Pak for Watson AIOps to automate IT Operations using AI. IBM provides customers with AI-powered automation capabilities that span from AIOps (the use of AI to automate IT Operations) to ....

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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. ....

Arvind Krishna , Rob Thomas , Thomson Reuters Trust Principles , Red Hat , Application Resource Management , Trend Forward Capital , Highland Capital Partners , Bain Capital Ventures , Thomson Reuters Trust , அரவிந்த் கிருஷ்ணா , கொள்ளை தாமஸ் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , சிவப்பு தொப்பி , விண்ணப்பம் வள மேலாண்மை , போக்கு முன்னோக்கி மூலதனம் , ஹைலேண்ட் மூலதனம் கூட்டாளர்கள் , பைன் மூலதனம் முயற்சிகள் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

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. ....

Rob Thomas , Dinesh Nirmal , Network Performance Management , Application Resource Management , Senior Vice President , General Manager , கொள்ளை தாமஸ் , தினேஷ் நிர்மல் , வலைப்பின்னல் செயல்திறன் மேலாண்மை , விண்ணப்பம் வள மேலாண்மை , மூத்தவர் துணை ப்ரெஸிடெஂட் , ஜநரல் மேலாளர் ,