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 application-cen