TD SYNNEX Acquires Apptium

Commvault Acquires Appranix

April 16, 2024

Cybersecurity

Commvault has acquired Appranix, a cloud cyber-resilience provider whose Cloud Resilience Copilot automates discovery, configuration backup and rebuilds of cloud applications. The acquisition adds automated rebuild capabilities to Commvault's cyber resilience platform to reduce recovery time and improve post-attack application restoration across multi-cloud environments.

IBM Acquires Apptio for $4.6 Billion

June 26, 2023

Cloud & SaaS

IBM entered into a definitive agreement to acquire Apptio, a FinOps and financial/operational IT management software provider, for $4.6 billion. The deal combines Apptio’s cloud spend management SaaS offerings with IBM’s automation and observability portfolio and augments IBM’s watsonx AI and data platform with Apptio’s anonymized IT spend data.

UPSTACK Acquires teXium

January 25, 2022

Telecommunications

UPSTACK has acquired Florida-based telecom and IT infrastructure agency teXium; terms were not disclosed. The deal brings teXium's leadership and team into UPSTACK to expand the platform's voice, data networking, VoIP, security and cloud capabilities as part of UPSTACK's broader platform scaling strategy.

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 SaaSLicense

October 13, 2020

Cloud & SaaS

Apptio, Inc. has acquired SaaSLicense, a SaaS discovery, optimization, and management product, to extend its technology business management and cloud financial management capabilities. The acquisition adds SaaSLicense's automatic SaaS usage and spending detection to Apptio's existing Cloudability and broader portfolio to help customers manage SaaS spend and compliance.

Thoma Bravo Acquires Majority Interest in Apttus

September 4, 2018

Software

Thoma Bravo signed a definitive agreement to acquire a majority interest in Apttus, a San Mateo–based provider of Quote-to-Cash, Contract Lifecycle Management and Middle Office software. The deal (expected to close in early October 2018) will pair Apttus’ enterprise revenue-management platform with Thoma Bravo’s software operating experience to accelerate growth and scale; financial and legal advisors and financing partners were disclosed but financial terms were not.