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IBM to buy software provider Turbonomic for over $1.9 billion

By Krystal Hu

Apr 30 2021 6:50AM

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 ...

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