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IBM isdoling out€2.13 billion ( $ 2.3 billion ) to acquire a duette of information integration assets from Germany - based enterprise software troupe Software AG .
The all - cash softwood will see IBM take possession ofStreamSets , a data integration platform that Software AG had acquiredjust last year , and WebMethods , which Software AG bought for more than $ 500 millionback in 2007 .
It ’s deserving note that Software AG itself was acquired by Silver Lake before this year , with the private equity whale initiallyprocuring a majority 63 % ownershipfor $ 2.4 billion before upping its stake tomore than 85%in September . Today , tidings egress that Silver Lake hasnow bought93 % of Software AG , with plans to delist the company from the public market place imminently .
Integrated
For IBM , buying Software AG ’s integration platform - as - a - servicing ( IPAAS ) toolset fits into itsbroader bosom of the hybrid swarm , a shift that it has bolstered through the yr with a series of prominent - bucks skill — this includes its$34 billion Red Hat acquirement in 2018 , and more recently its$4.6 billion dealto corrupt Apptio back in June .
While cloud computing brings many benefits to companies , there has been a growing distaste to vendor lock - in and rum cloud environment , toward a more intercrossed approach , one that might lean on local in - menage substructure for security system and lower - latency aim but then intercept into one or more public cloud supplier for specific resources when required .
However , this mean having to finagle and process datum that may be house in different applications stored across on - prem and multiple private or public clouds . And this is where data integration system recruit the disturbance , give up companies to establish pipelines that can pool their information no matter of where it resides and in whatever data formatting .
And that , effectively , is what IBM is buying in StreamSets and WebMethods , technologies that span the various layers that constitute program and data point integration , including API management , which is what WebMethods specifically get to the table .
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datum is also the cornerstone of AI and , as with just about every line of work today , IBM hasbeen uppingits AI game of former . Indeed , the company this twelvemonth introduced anew information scientific discipline platform called Watsonx , which serves tools for building and deploying AI , as well as care all data sources in one chopine . And this is where IBM ’s duo of acquisitions will also be put to use .
“ Together with IBM ’s Watsonx AI and data point platform , as well as its lotion modernization , data point fabric and IT automation products , StreamSets and webMethods will help clients unlock the full potential difference of their applications and data , ” IBM ’s senior VP for software and chief commercial officer Rob Thomas said in a press sack .
