IBM to buy software company Apptio for US$4.6-billion in bid to bolster cloud offering

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

The acquisition of Apptio will benefit IBM’s Red Hat business, AI portfolio and its consulting business, the technology giant said in a statement

said on Monday it will acquire cloud software company Apptio from Vista Equity Partners for $4.6-billion in cash, in the latest deal to bolster its capabilities in cloud and automation.

The deal comes at a time when companies are cutting their technology budgets amid challenging macro conditions. IBM cut about 3,900 jobs early this year and reported under 1 per cent year-over-year increase in revenue in the March quarter. The deal marks the latest move by IBM as the century-old IT technology major reorients itself to focus on newer AI and cloud-based offerings.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 5. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين