Four Hundred Monitor, June 28 Jenny Thomas

​Talk about going all in. IBM dropped $4.6 billion in cash this week to pick up technology spend-management platform Apptio. Compared to the $34 billion Red Hat deal of 2019, this might seem like small potatoes, but that was then and these days even IBM has had layoff and hiring freezes, so Big Blue must be feeling very confident this pick up will bolster its capabilities in cloud and automation. “Technology is changing business at a rate and pace we’ve never seen before,” IBM CEO Arvind Krishna said in the release. “To capitalize on these changes, it is essential to …
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