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Briefing
cloud

IBM to buy Apptio from Vista for $4.6 billion

By
Laura Mandaro
· · Source: The Wall Street Journal

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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