Apptio Acquires Cloudability
May 31, 2019
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.
- Buyers
- Apptio, Inc.
- Targets
- Cloudability, Inc.
- Industry
- Software
- Location
- Oregon, United States
- Transaction Type
- Buyout
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