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.

You May Also Like

Danske Bank Restricts Customer Data Access Following Address Leak

Danske Bank acts after sensitive customer details exposed to payment recipients.Highlights: Danske Bank reveals a data leak of...

Fintech Veteran Launches Primitive AI Agent Operating System

A groundbreaking platform for AI-driven financial services is unveiled.Highlights: Primitive AI, led by a fintech veteran, introduces a...

Visa Launches Validator Node on Tempo Blockchain, Strengthening Payments Infrastructure

New validator node aims to boost transaction efficiency for Visa services.Highlights: Visa launches a new validator node on...

Amex Launches Agentic Commerce Development Kit to Strengthen Merchant Services

New toolkit aims to enhance payment solutions for businesses.Highlights: Amex unveils Agentic Commerce Development Kit for merchants.The toolkit...