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IBM to buy Apptio for $4.6B to help companies optimize IT spend

CIO Business Intelligence

JUNE 26, 2023

billion to help enterprises optimize their IT expenditure, particularly cloud costs, as they try to navigate uncertain macroeconomic conditions. IBM is acquiring the company from Vista Equity Partners, which purchased it in 2019 for $1.94 IBM is acquiring software provider Apptio for $4.6

Optimization 64
Optimization Cost-Benefit IT Consulting 64
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The biggest enterprise technology M&A deals of the year

CIO Business Intelligence

APRIL 12, 2022

trillion in 2021, according to financial market data provider Refinitiv. Already this year, there are numerous smaller M&A deals, as enterprise software providers buy their way into new markets or acquire new capabilities rather than develop them in house. Infosys buys oddity for digital marketing capabilities.

Enterprise 142
Enterprise Technology Consulting Software 142
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