IBM Acquires FinOps Company Apptio For US$ 4.6 Billion
Posted on 08/16/2023
Gone are the days of selling hardware to the masses, IBM has changed its strategy and done away with tradition, including its pensions. IBM made headlines last year when it transferred 40%, or US$ 16 billion, in pension obligations to Prudential and MetLife. IBM incurred a charge of US$ 5.9 billion for the accelerated recognition…