IBM to acquire Apptio for $4.6B
Bank of America, Allstate and AWS are among Apptio’s clients
Tech giant IBM will buy technology expense management provider Apptio from Vista Equity Partners for $4.6 billion, according to an announcement today. Apptio provides services to Bank of America, Allstate, Google Cloud and Microsoft Azure, and was acquired by Vista Equity in 2019 for $1.94 billion, according to the company. “Apptio is a growing and profitable […]
