IBM Is in Talks to Buy Apptio for as Much as $5 Billion
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International Business Machines Corp. is in talks to buy software company Apptio as part of a deeper push into automation technology, according to people with knowledge of the matter.
The parties are discussing a price in the range of $4.5 billion to $5 billion, said one of the people, who asked not to be identified discussing a private matter. Apptio is currently owned by private equity firm Vista Equity Partners.