Monday, June 26, 2023

IBM plans to acquire cloud IT management startup Apptio for $4.6B in cash from Vista Equity Partners which paid $1.94B to take Apptio private in 2018 (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
IBM plans to acquire cloud IT management startup Apptio for $4.6B in cash from Vista Equity Partners, which paid $1.94B to take Apptio private in 2018  —  As cloud architecture continues to more ubiquitous among organizations, increasingly what is more apparent is that many organizations …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...