IBM is to buy enterprise software firm Apptio from Vista Equity Partners for $4.6 billion, more than double what Vista paid to buy the firm in early 2019. The deal would help IBM further its push into cloud computing related services, a key priority for CEO Arvind Krishna. Apptio sells software that companies use to keep track of costs when buying from multiple cloud providers. Its clients...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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