IBM to Acquire StreamSets and webMethods Platforms from Silver Lake Owned Software AG for €2.13B in Cash
Portfolio Pulse from Benzinga Newsdesk
IBM has agreed to acquire StreamSets and webMethods platforms from Software AG, a company majority-owned by Silver Lake, for €2.13 billion in cash. These platforms are part of Software AG's Super iPaaS enterprise technology offerings.
December 18, 2023 | 7:21 am
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IBM's acquisition of StreamSets and webMethods for €2.13 billion in cash could significantly enhance its iPaaS offerings and competitive edge in enterprise technology.
The acquisition of StreamSets and webMethods is likely to be viewed positively as it enhances IBM's product portfolio in the growing iPaaS market. This strategic move can improve IBM's competitive position and potentially lead to increased revenue streams in the long term. In the short term, the market may react favorably to this expansion of IBM's enterprise technology capabilities.
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