Appirio Acquires Topcoder

IBM Acquires Apptio Inc.

June 26, 2023

Cloud & SaaS

IBM has acquired Apptio Inc. from Vista Equity Partners for $4.6 billion, adding Apptio's FinOps and cloud cost-management SaaS capabilities to IBM's IT automation and watsonx AI portfolio. The deal is intended to create a 360-degree technology business management platform, drive synergies across IBM's automation, Red Hat and consulting businesses, and augment IBM's AI/data capabilities with Apptio's anonymized IT spend data.

Coupa Acquires Cirtuo, AI-Powered Category Management Leader

May 13, 2025

Software

Coupa has acquired Croatia-based Cirtuo, an AI-powered category management software provider, to accelerate Coupa's autonomous spend management vision and extend its Strategic Sourcing capabilities. The acquisition integrates Cirtuo's category strategy, supplier strategy, and initiative management features into Coupa's Total Spend Management platform to drive AI-enabled category management and improved sourcing outcomes.

Apptio Acquires Cloudwiry

January 9, 2023

Cloud & SaaS

Apptio, Inc. has acquired Cloudwiry, an Austin-based FinOps and multi-cloud cost-optimization SaaS provider. The deal (closed December 22, 2022) will integrate Cloudwiry’s automated reservation and savings-plan optimization capabilities into Apptio’s Cloudability offering to expand Apptio’s cloud cost-optimization and FinOps functionality.

Apptio Acquires Targetprocess

February 11, 2021

Software

Apptio completed the acquisition of Targetprocess to add enterprise Agile planning and project portfolio management (PPM) capabilities to its technology business management (TBM) platform. The deal will integrate Targetprocess into Apptio’s product suite (rebranded Apptio Targetprocess) to help customers align portfolio, product management, and software delivery with financial governance and business value tracking.

Apptio Acquires Cloudability

May 31, 2019

Software

Apptio, a Bellevue-based technology business management software company, completed the acquisition of Cloudability, a Portland-based leader in multi-cloud financial management, on May 31, 2019. The deal adds Cloudability’s FinOps capabilities — which manage more than $9 billion in enterprise cloud spend and serve 250+ enterprise customers — to Apptio’s portfolio to deliver an integrated, cloud-agnostic cost and financial-management solution.

Xoriant Acquires CloudIO to Expand Digital Transformation Capabilities

April 18, 2019

Software

Xoriant Corporation has acquired CloudIO, an enterprise-grade provider of no-code applications for IoT automation, supplier collaboration, and financial statement analysis. The acquisition brings CloudIO's pre-built application framework and marquee customer relationships into Xoriant to accelerate the company's digital transformation offerings.