Thursday, June 17, 2021

IBM completes Turbonomic acquisition

IBM completed its previously announced acquisition of Turbonomic, an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston.

IBM said the deal complements its 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. IBM provides customers with AI-powered automation capabilities that span from AIOps (the use of AI to automate IT Operations) to application-centric performance and IT resources observability – all built on Red Hat OpenShift to run across any hybrid cloud environment.

"We believe that the move to AI-powered automation is essential to helping businesses succeed in a digital-first world," said Dinesh Nirmal, General Manager, IBM Automation. "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."

"Today, applications run the business," said Ben Nye, CEO, Turbonomic. "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."