IBM Closes Acquisition of Turbonomic

ibm

IBM (NYSE: IBM) closed the acquisition of Turbonomic, Inc., a Boston, MA-based Application Resource Management (ARM) and Network Performance Management (NPM) software provider.

The close of the acquisition – already announced in April 2021 – complements IBM’s recent acquisition of Instana for application performance monitoring (APM) and observability, and the launch of IBM Cloud Pak for Watson AIOps to automate IT Operations using AI.

With this acquisition, IBM will leverage Turbonomic’s NPM products and presence in the telecommunications industry to complement its own offerings and expertise in this area, helping customers intelligently optimize applications running in 5G environments. 

The close of the deal builds on IBM’s growing investment in its ecosystem of business partners, such as Cisco, to help customers accelerate their journey to hybrid cloud and AI.

Led by Ben Nye, CEO, Turbonomic has built and will continue to grow an OEM relationship with Cisco through Cisco Intersight. Turbonomic capabilities add value to the Cisco Intersight Workload Optimizer, providing users with an application-driven approach to ensure applications continually get the resources they need to perform.

In addition, Turbonomic ARM will continue to expand its support for infrastructure and services for all of the major public clouds, including IBM Cloud, and provide recommendations and automation for a wider set of enterprise applications, software and PaaS services. This is designed to help businesses predictively automate resourcing actions to optimize cost savings, reduce their carbon footprint, handle demand spikes with no degradation of end user response time and help deliver quicker resolution of incidents. This can also be used to help businesses place workloads appropriately so that they can achieve their regulatory and compliance requirements and maintain data and application governance across the full stack of IT resources.

FinSMEs

18/06/2021