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The Cloud People (TCP) has acquired its German counterpart Nuvolax, giving it 24-hour service coverage and access to the US market. Teradata has bought Stemma, a three-year-old developer of an AI-based data exploration tool, to accelerate its Vantage self-service analytics platform. ServiceNow has agreed to buy retail data platform G2K, which can analyze the movement of customers and products around stores. Silver Lake has bought a majority stake in Software AG, a German maker of tools for managing IoT data, APIs, and legacy mainframe apps. IBM has agreed to buy cloud cost control specialist Apptio from private equity firm Vista, to help enterprises optimize both application cost and application performance from a single control center.
