Monday, June 21, 2021

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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

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