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IBM to boost AI platform with $4.6bn Apptio acquisition

Big Blue is snapping up the hybrid cloud group to drive “significant synergies” across automation, Red Hat, its AI portfolio and IBM Consulting

27 June 2023 • 3 min read

IBM to boost AI platform with $4.6bn Apptio acquisition

IBM is forking out a whopping $4.6bn to acquire hybrid cloud and FinOps software standout Apptio in a move to boost its Watson and Red Hat offerings and automation capabilities. Apptio sells sof...

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