IBM acquires Kubernetes cost optimization startup Kubecost

Quick Summary:

IBM today announced that it has acquired Kubecost, a FinOps startup that helps teams at companies like Allianz, Audi, Rakuten and GitLab monitor and optimize their Kubernetes clusters with a focus on efficiency and, ultimately, cost.

Today’s announcement follows IBM’s $4.3 billion acquisition of Apptio in 2023, another company in the FinOps space.

Flink, a quick-commerce startup out of Berlin that was an acquisition target of Gorillas, Getir, Amazon, and Gopuff, is spelling out how it plans to go forth on its own.

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Article Details

Author / Journalist: Frederic Lardinois

Category: Technology

Markets: United StatesArmenia

Topics: Enterprise TC

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 16:37:49 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 914 words

Reading Time: 6 minutes read

Sentences: 41 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © TechCrunch

News ID: 22569013

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