IBM announced the acquisition of Software AG’s Super iPaaS enterprise technology platform StreamSets and WebMethods for 2.13 billion euros (approximately 16.571 billion yuan) in cash. These products are its core offerings
StreamSets: a cloud-native DataOps and data ingestion platform that helps enterprises achieve unified access and data access to a variety of data sources and types. Delivery, it also facilitates the design of intelligent data pipelines and ingestion of real-time and batch data.
webMethods: An integration and API management platform. The platform can be deployed on-premises or in the cloud, provides B2B integration and managed file transfer capabilities, and provides a modern API gateway to help customers manage, monitor and benefit from APIs
The companies said they expect the deal to close in the second quarter of 2024, pending regulatory approval. IBM said the deal will further strengthen the company's position as demand for customized cloud services for artificial intelligence applications increases
Application and data integration solutions As enterprises and organizations continue to accelerate their digital transformation, It has become a key element for application modernization and even the effective deployment of AI across the entire enterprise. According to IDC, the global integrated software market will exceed US$18 billion by 2027, with a compound annual growth rate of 16.1%
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