Tech giant IBM has finalized a deal for the software provider Apptio for $4.6 billion from Vista Equity Partners, giving the tech company greater automation capabilities.
provides tools to help companies keep track of the software and services they use, and better manage costs.
Among its customers are financial giants Allstate and Bank of America, according to Apptio's website. IBM CEO Arvind Krishna has sharpened the company’s focus on areas including hybrid-cloud and quantum computing.IBM CEO Arvind Krishna has sharpened the company’s focus on areas including hybrid-cloud and quantum computing.
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