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IBM aims to boost AI offerings with $2 3B acquisition

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IBM to buy Software AG s enterprise tech business

IBM to buy Software AG s enterprise tech business
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IBM to buy Software AG s enterprise tech business for $2 3 bln

IBM on Monday said that it would buy Software AG s StreamSets and webMethods platforms for 2.13 billion euros in cash. .

IBM to buy Software AG s enterprise integration platforms for $2 3 billion, ET Telecom

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).

The market ignores the hawks

Investors have already overindulged this year, but they don t seem ready to curb their appetite. Western Indices are on course to end 2023 on their best levels of the year, after another positive. -December 18, 2023 at 09:25 am EST - MarketScreener

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