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Craig Hale

UNBELIEVABLE: Ibm snaps up software ag enterprise tech business for 2 3bn - Caught on Camera

IBM Software AG Silver Lake
IBM office logo.

IBM has announced plans to buy Software AG’s Super integration platform-as-a-service  (PaaS) enterprise technology platforms, StreamSets and webMethods, in a deal worth €2.13 billion ($2.33 billion) in cash.

The deal will see IBM benefit from Software AG’s existing technologies – which are credited with being leaders in application integration, API management, and data integration – to strengthen its own artificial intelligence and hybrid cloud offerings.

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