IBM to Acquire Apptio for $4.6 Billion to Bolster Cloud Offerings
IBM announced on Monday that it would acquire technology spend-management platform Apptio from Vista Equity Partners for $4.6 billion in cash. The acquisition is expected to close in the second half of 2023. Apptio’s cloud-based platform helps businesses manage their IT spend across on-premises, cloud, and hybrid environments. The company’s software provides insights into IT …
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