Apptio: Completes Acquisition of Targetprocess

  • Apptio, Inc. completed the acquisition of Targetprocess, an Agile portfolio and work management solution provider
  • The amount of the deal not disclosed
  • The acquisition builds on Apptio’s platform and reinforces its position as a provider of solutions that offer a holistic view of technology investments across on-premise, cloud, and development resources
  • It will also allow customers to make smarter decisions about their technology investments and optimize the delivery of those investments
  • With the acquisition, the planned integration of Apptio and Targetprocess will also enable organizations to align their portfolio, product management, and software delivery teams with a single source of truth
  • Founded in 2004, Targetprocess empowers organizations to plan, track, and prioritize work from the strategic portfolio of projects and products to the software delivery team
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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