June 26, 2023, 11:04 a.m. | Sarah Frier, Natalie Lung

Bloomberg Technology bloomberg.com

International Business Machines Corp. will buy software company Apptio for $4.6 billion, marking the seventh acquisition this year as Chief Executive Officer Arvind Krishna pushes the company’s transformation into a hybrid-cloud and artificial intelligence business.

acquisition artificial artificial intelligence arvind krishna billion business cloud hybrid ibm intelligence international krishna machines nys:ibm software transformation

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