IBM to Acquire Cloud Vendor Apptio thefastmode.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefastmode.com Daily Mail and Mail on Sunday newspapers.
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.