IBM has closed its acquisition of application performance management and network performance management vendor Turbonomic, according to a press release on the company’s website. This complements IBM’s recent acquisition of Instana for application performance monitoring (APM) and observability to build an AIOps solution for the hybrid cloud. The financial terms of the acquisition were not disclosed.
In the company’s press release, IBM Automation’s General Manager Dinesh Nirmal stated: “We believe that the move to AI-powered automation is essential to helping businesses succeed in a digital-first world. IBM is already helping thousands of customers use automation to make IT and business processes more efficient and employees more effective. Now that Turbonomic is a part of our portfolio, IBM is the only company providing a one-stop shop of AI-powered automation capabilities, all built on Red Hat OpenShift to run anywhere.”
IBM Cloud is an open and secure public cloud for businesses that leverages open-source technologies to help users drive innovation, trust, and value. The vendor supports over 1,000 enterprise clients and over 16,000 production clusters using Kubernetes, managing cloud-native resources at an unparalleled scale. IBM’s recent acquisition of Red Hat allows them to take advantage of Red Hat Open Sight, making it easier for users to connect and migrate Red Hat OpenShift workloads to the public cloud.
Turbonomic’s CEO Ben Nye added: “Today, applications run the business. Turbonomic’s Application Resource Management assures application performance and governance so customers can focus on innovation. IBM’s acquisition of Turbonomic now helps us reach and serve more customers globally – enabling successful application hosting operations across any cloud environment.”
Learn more about the IBM-Turbonomic acquisition here.
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