IBM to Acquire Two Enterprise Data Integration Platforms From Software AG
Briefly

IBM continues to invest in AI and hybrid cloud with the Dec. 18 announcement of a definitive agreement with Software AG to acquire StreamSets and webMethods, two integration platform-as-a-service enterprise technology platforms. The deal is expected to close in Q2 2024 for $2.3 billion in cash.
'... StreamSets and webMethods will help clients unlock the full potential of their applications and data,' said Rob Thomas, senior vice president, software and chief commercial officer, IBM, in a press release. 'This powerful combination helps drive innovation while preparing businesses for AI, no matter where applications or data reside.'
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