IBM announces acquisition of Kubecost; financial terms not disclosed
The Fly

IBM announces acquisition of Kubecost; financial terms not disclosed

IBM announced the acquisition of Kubecost, a Kubernetes cost monitoring and optimization software company. Following IBM‘s recent acquisition of Apptio in 2023, the addition of Kubecost adds best-in-class container cost management to the IBM FinOps Suite, the company said in a statement. “Today’s announcement is another example of IBM strengthening its automation portfolio through a mix of organic innovation like IBM Concert and strategic acquisitions like Apptio, Turbonomic, Instana, NS1 and Pliant – all which help organizations reduce complexity and increase control of organizations’ IT environments,” IBM said.

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