Apptio completed the acquisition of Targetprocess.

Apptio, the provider of technology business management solutions that help organizations analyze, optimize, and plan technology spend, completed the acquisition of Targetprocess, an Agile portfolio and work management solution. Financial terms were not disclosed. "As a result of the large-scale shift to remote working in the past year, it is more important than ever to solve these challenges in order to enable distributed teams to work together as efficiently as possible in pursuit of business objectives. Through this acquisition, Apptio will help our customers accelerate their Agile transformation through effective portfolio management and financial governance," Scott Chancellor, Apptio Chief Product and Technology Officer.