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IBM Expands AI and Cloud Capabilities with $2.3B Acquisition of StreamSets and WebMethods

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Source: TechCrunch
IBM Expands AI and Cloud Capabilities with $2.3B Acquisition of StreamSets and WebMethods
Photo: TechCrunch
TL;DR Summary

IBM is acquiring data integration assets StreamSets and WebMethods from Software AG for $2.3 billion. The deal aligns with IBM's focus on hybrid cloud solutions and its aim to provide customers with the ability to manage and process data across different applications stored in various cloud environments. The acquisitions will complement IBM's AI initiatives and data science platform, Watsonx, enabling clients to unlock the full potential of their applications and data.

Topics:business#acquisition#cloud-computing#data-integration#ibm#software-ag#technology
Share this article
  1. IBM to acquire StreamSets and WebMethods from Software AG for $2.3B  TechCrunch
  2. IBM to Acquire StreamSets and webMethods Platforms from Software AG  PR Newswire
  3. IBM makes $2B+ deal to add more AI, cloud computing solutions  WRAL TechWire
  4. IBM Strengthens Hybrid Cloud and AI Platforms With $2.3 Billion Acquisition  The Motley Fool

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