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AI Roundup: The Government of India has begun preparing regulations for AI. IBM has announced plans to buy AI platforms worth 2.3 billion dollars to bolster its AI offerings.
Software AG is majority owned by private equity firm Silver Lake, which currently owns 93.3% of shares in the German software company, following a takeover pursuit spanning several months. That deal valued the whole business at 2.6 billion euros ($2.84 billion).
IBM will acquire Software AG's StreamSets and webMethods platforms with available cash on hand, it said.
IBM will acquire Software AG's StreamSets and webMethods platforms
Super iPaaS, introduced by Software AG and supported by mWtech professional services, offers a solution to the 'chaos of connectivity', the company says.