IBM to acquire StreamSets and WebMethods from Software AG for $2.3B

IBM to acquire StreamSets and WebMethods from Software AG for $2.3B

11 months ago
Anonymous $Pi6HN8Q0B-

https://techcrunch.com/2023/12/18/ibm-to-acquire-streamsets-and-webmethods-from-software-ag/

IBM is doling out €2.13 billion ($2.3 billion) to acquire a duo of data integration assets from Germany-based enterprise software company Software AG.

The all-cash deal will see IBM take ownership of StreamSets, a data integration platform that Software AG had acquired just last year, and WebMethods, which Software AG bought for more than $500 million back in 2007.

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