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IBM to acquire Apptio for $4.6B

IBM has entered into a definitive agreement with Vista Equity Partners to purchase Apptio for $4.6 billion.

Apptio to acquire Cloudability

Bellevue, Washington-based business management software company Apptio has signed a definitive agreement to acquire Cloudability.

Apptio acquired by Vista Equity Partners for $1.94 billion

Apptio has entered into a definitive agreement to be acquired by an affiliate of investment firm Vista Equity Partners. Under the terms of the agreement, Vista will acquire all outstanding shares of Apptio common stock for a total value of approximately $1.94 billion. 

Apptio appoints Zillow CFO Kathleen Philips to board

Apptio has appointed Kathleen Philips, chief financial officer of Zillow, to its board. Ms. Philips joined Zillow in 2010 as general counsel, and served as the company's chief operating...

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Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.