IBM to Acquire Turbonomic

April 29, 2021

IBM announced a definitive agreement to acquire Turbonomic, a Boston-based Application Resource Management (ARM) and Network Performance Management (NPM) software provider. The acquisition expands IBM’s hybrid cloud and AI capabilities by adding Turbonomic’s AIOps-driven optimization and observability technology to IBM’s Cloud Pak for Watson AIOps and Instana offerings.

Buyers
IBM
Targets
Turbonomic
Industry
Software
Location
Massachusetts, United States
Transaction Type
Buyout

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