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Announced

Completed

IBM completed the acquisition of Turbonomic.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Majority

software development

Domestic

Software

Single Bidder

Friendly

Acquisition

Completed

Synopsis

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IBM, an American multinational technology company, completed the acquisition of Turbonomic, a software development company. Financial terms were not disclosed. The acquisition will provide businesses with full stack application observability and management to assure performance and minimize costs using AI to optimize resources – such as containers, VMs, servers, storage, networks, and databases.

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