IBM Acquires Apptio for $4.6 Billion to Strengthen Cloud Capabilities

  • IBM purchases cloud software company Apptio for $4.6 billion in cash.
  • Acquisition will benefit IBM’s Red Hat business, AI portfolio, and consulting services.
  • Apptio, with over 1,500 customers, specializes in managing and analyzing cloud service spending.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications