Ibm to acquire streamsets and webmethods platforms from software ag

Deal accelerates watsonx data ingestion capabilities; creates a leading application modernization and integration platform €2.13 billion acquisition demonstrates ibm's continued focus on strategic m&a to create value and bolster ai and hybrid cloud offerings armonk, n.y. , dec. 18, 2023 /prnewswire/ -- ibm (nyse: ibm) today announced that it has entered into a definitive agreement with software ag (fra: sow), a company majority owned by silver lake, to purchase streamsets and webmethods, software ag's super ipaas (integration platform-as-a-service) enterprise technology platforms, for €2.13 billion in cash.
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