Monday, 26 June, 2023

IBM to Acquire Apptio for $4.6 Billion, Strengthening Automation Capabilities and Technology Investments

IBM, the global technology company, has announced its acquisition of Apptio for $4.6 billion. This strategic move aims to enhance IBM's automation capabilities and accelerate its technology investments. Apptio specializes in providing software and services for technology business management, offering valuable insights into IT spending and optimization. By integrating Apptio's expertise, IBM seeks to bolster its offerings in the rapidly evolving technology landscape and reinforce its position.