Brief: IBM Says To Acquire StreamSets And webMethods Platforms From Software AG

Software AG

18/12/2023 07:28

Dec 18 (Reuters) - International Business Machines Corp
 IBM.N :
    * IBM TO ACQUIRE STREAMSETS AND WEBMETHODS PLATFORMS FROM
SOFTWARE
AG
    * EUR 2.13 BILLION ACQUISITION DEMONSTRATES IBM'S CONTINUED
FOCUS
ON STRATEGIC M&A TO CREATE VALUE AND BOLSTER AI AND HYBRID CLOUD
OFFERINGS
    * DEAL EXPECTED TO BE COMPLETED IN Q2 OF 2024.
    * AGREEMENT WITH SOFTWARE AG , TO PURCHASE STREAMSETS AND
WEBMETHODS, FOR EUR 2.13 BILLION IN CASH

Source text for Eikon:  ID:nCNWqZnl6a 
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