Saturday, June 24, 2023

Sources: IBM is close to a deal to acquire cloud-based IT management startup Apptio from Vista Equity Partners for $5B; Vista acquired Apptio for $2B in 2019 (Wall Street Journal)

Wall Street Journal:
Sources: IBM is close to a deal to acquire cloud-based IT management startup Apptio from Vista Equity Partners for ~$5B; Vista acquired Apptio for ~$2B in 2019  —  Purchase of Apptio, owned by private-equity firm Vista Equity Partners, could be finalized over the weekend



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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...