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Announced

Completed

IBM completed the acquisition of StreamSets and webMethods platforms from Silver Lake-backed Software for €2.13bn.

Synopsis

IBM, an American multinational technology corporation, completed the acquisition of StreamSets and webMethods enterprise technology platforms from Silver Lake-backed Software, a German multinational software corporation, for €2.13bn. "This is an important acquisition for IBM as we help our clients turn complexities into competitive advantage. StreamSets and webMethods bring new capabilities to our clients to embrace data and AI to better manage the growth and complexity of applications. We will empower integrators, developers, and line of business IT to build and manage integrations at an even greater and more impactful scale," Dinesh Nirmal, IBM Senior Vice President.

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