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> TECHNOLOGY > ENTERPRISE APPLICATIONS
IBM completes
acquisition of ILOG
ConvergenceAsia staff
07/01/2009
IBM has announced the
completion of its approximately US$340 million tender offer for the shares
of ILOG. The tender offer, announced July 28, 2008, was finalised after IBM
acquired all outstanding stock in ILOG and satisfied the other conditions of
the offer.
Headquartered in Paris, ILOG has more than 2,500 customers, 850 employees
and operations in 30 countries around the world. ILOG technology will add
significant capability across IBM's software platform and the addition of
ILOG Business Rule Management System (BRMS) will provide another dimension
of leadership for the IBM BPM portfolio. This includes improved rules and
business optimisation for WebSphere and Information Management offerings,
better visualisation for WebSphere, Lotus and Tivoli products and solutions,
as well as enhanced optimisation and efficient supply chain management
assets for planning and scheduling within a service oriented architecture (SOA).
ILOG will become part of the IBM WebSphere software portfolio. Consistent
with IBM’s software strategy, ILOG clients’ and partners’ investments in
existing IBM and ILOG technologies will be preserved, allowing customers to
take advantage of the broader set of capabilities without the need to
replace existing systems.
Tom Rosamilia, general manager, IBM WebSphere Software said the acquisition
of ILOG "is an important element within our overall SOA strategy and the key
addition of the ILOG BRMS to IBM’s BPM portfolio will help IBM clients to
become more dynamic. ILOG brings significant new capabilities to IBM that
will provide agile, flexible applications for real-time response and
confident decision-making”.
The acquisition of ILOG will strengthen IBM's business process management (BPM)
and SOA position by providing customers a broad set of rule management tools
for information and application lifecycle management across a comprehensive
platform, including IBM's leading WebSphere application development and
management platform. Many of the ILOG products will also become part of
IBM's Industry Frameworks, which are integrated solutions that support
industry specific business and technology standards. |
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