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IBM preps for AI “explosion” with €2bn double-deal for Software AG data divisions

IBM has completed its acquisition of StreamSets and webMethods from Software AG for a fee of about €2.13 billion ($2.3 billion). The double-deal, announced at the end of last year, has passed regulatory approval. It adds data ingestion capabilities to IBM's WatsonX AI and...

IBM to buy Software AG’s integration businesses for €2.1 billion

Software AG, the second biggest Germany-based provider of business software after SAP, has agreed the sale of its StreamSets and webMethods businesses to IBM for €2.13 billion ($2.3 billion). The firm, sold to private equity group Silver Lake in October for €2.6 billion, retains...

Software AG kicks-off M&A splurge in US with €524m deal for to acquire StreamSets

Software AG has struck a deal to acquire US-based cloud data integration business StreamSets for €524 million, as the Germany-based firm makes good on its stated ambition to expand through merger-and-acquisition (M&A) in the US market. StreamSets, headquartered in San Francisco, has posted compound...