Announced
Financials
Sources
Tags
United States
Productivity Software
Software
Majority
Single Bidder
Acquisition
Domestic
Private
Pending
Friendly
Private Equity
Synopsis
IBM, an American multinational technology corporation, agreed to acquire StreamSets and webMethods enterprise technology platforms from Silver Lake-backed Software, a German multinational software corporation, for €2.13bn. "Together with IBM's watsonx AI and data platform, as well as its application modernization, data fabric and IT automation products, StreamSets and webMethods will help clients unlock the full potential of their applications and data. This powerful combination helps drive innovation while preparing businesses for AI, no matter where applications or data reside," Rob Thomas, IBM Senior Vice President, Software and Chief Commercial Officer.
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