IBM to Buy Software AG Assets for $2.3 Billion to Enhance AI and Hybrid Cloud Capabilities
- IBM to acquire Software AG's StreamSets and webMethods platforms for $2.3B
- Aims to boost IBM's AI and hybrid cloud offerings
- Software AG majority owned by Silver Lake private equity firm
- StreamSets to add data ingestion to IBM's watsonx AI platform
- webMethods to provide integration and API tools for hybrid cloud