IBM To Acquire Instana As Company Continues To Advance Its Hybrid Cloud And AI Strategy
IBM announced a definitive agreement to acquire Instana, an application performance monitoring and observability company. The acquisition will help businesses better manage the complexity of modern applications that span the hybrid cloud landscape. The news further advances IBM’s Hybrid Cloud and AI strategy and strengthens its AI-powered automation capabilities. Financial details were not disclosed. With the acquisition of Instana, IBM will help companies overcome the challenge of managing application performance across multiple teams, and across 2 to 15 clouds, on average.i And it is another example of how IBM is building on its AI-powered automation capabilities, including: – the launch of IBM…
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