ibm software ag deal: IBM to buy Software AG's enterprise tech business for $2.3 billion
IBM will acquire Software AG's StreamSets and webMethods platforms with available cash on hand, it said.
Source: indiatimes.com
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IBM will acquire Software AG's StreamSets and webMethods platforms with available cash on hand, it said.
IBM is investing more than $2 billion in cash to bolster its artificial intelligence and cloud computing lineup by acquiring an integration platform as a service suite from Germany-based Software AG.
IBM has agreed to pay $2.3 billion for Software AG's platforms, building on its cloud computing and AI capabilities.
IBM will acquire Software AG's StreamSets and webMethods platforms
IBM acquires Software AG’s StreamSets and webMethods products for €2.13B - SiliconANGLE