IBM to acquire Instana.

IBM, an American multinational technology and consulting company, agreed to acquire Instana, an application performance monitoring and observability company. Financial terms were not disclosed. "Our clients today are faced with managing a complex technology landscape filled with mission-critical applications and data that are running across a variety of hybrid cloud environments – from public clouds, private clouds and on-premises. IBM's acquisition of Instana is yet another important step that we are taking to provide companies with the most complete portfolio of AI-automated solutions to tackle this enormous challenge and help prevent unforeseen IT incidents that can cost a business in lost revenue and reputation," Rob Thomas, IBM Senior Vice President, Cloud and Data Platform.