IBM Acquires StreamSets and webMethods from Software AG
December 18, 2023
IBM agreed to acquire StreamSets and webMethods, Software AG’s Super iPaaS enterprise platforms, for €2.13 billion in cash. The deal strengthens IBM’s watsonx data ingestion and hybrid cloud integration capabilities by adding data ingestion, integration and API management technologies and their recurring-revenue customer bases.
- Buyers
- IBM
- Targets
- StreamSets, webMethods
- Sellers
- Software AG, Silver Lake (majority investor mentioned)
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
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