IBM to buy software provider Turbonomic for over $1.9 billion

By
Follow google news

Largest acquisition since Red Hat in 2019.

IBM to buy software provider Turbonomic for over $1.9 billion
IBM said on Thursday it has agreed to acquire Turbonomic, a provider of software that helps companies monitor the performance of their business applications, the latest in a series of cloud computing acquisitions by the tech giant. The transaction values Turbonomic at between US$1.5 billion ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Services Australia to tap law enforcement data for staff security

Services Australia to tap law enforcement data for staff security

AI to streamline ATO contact centre operations

AI to streamline ATO contact centre operations

Rio Tinto plugs AWS into innovative copper process

Rio Tinto plugs AWS into innovative copper process

APRA to modernise data stack with Databricks on Azure

APRA to modernise data stack with Databricks on Azure

Log In

  |  Forgot your password?