IBM acquires software management company Apptio for $4.6 billion

Tech giant IBM is strengthening its automation and cloud capabilities with the announcement of its acquisition of software company Apptio for $4.6 billion. Apptio has over 1,500 customers leveraging its software-as-a-service offerings including financial and operational IT management and optimization (FinOps) software. The acquisition will complement IBM’s existing resource optimization, observability, and application management offerings, … Continue reading IBM acquires software management company Apptio for $4.6 billion