Friday, 1 August 2008

IBM Buys out ILOG

Computer behemoth International Business Machines said today that it has decided to acquire software and services company ILOG for USD 340 million.Through this transaction, IBM will combine its business process management (BPM), business optimization, and service oriented architecture (SOA) technologies...

Computer behemoth International Business Machines said today that it has decided to acquire software and services company ILOG for USD 340 million.

Through this transaction, IBM will combine its business process management (BPM), business optimization, and service oriented architecture (SOA) technologies with ILOG's Business Rules Management Systems software, enabling the big blue to help clients deliver critical business information in real-time, allowing them to make better business decisions faster.

ILOG offers tools and technologies for business managers, analysts, architects and developers to use as they analyze, plan, track and improve business processes.

"Companies across all industries are looking for technologies to help them manage their processes with more flexibility so they can keep up with changing business conditions," said Tom Rosamilia, general manager, IBM WebSphere.

"ILOG's software allows businesses to more effectively manage and automate the decision making process, giving companies an opportunity to react with incredible speed and accuracy. IBM has partnered with ILOG for over a decade, and by adding ILOG's capabilities to IBM's software portfolio, this is a great combination to provide value to our clients."

Beyond end-user customers, ILOG has some 500 original equipment manufacturer, solution integrator, and independent software vendor partners today.

According to ILOG’s Chairman and CEO, Pierre Haren, joining forces with IBM will allow the software and services provider to benefit from IBM’s extensive partner community thus, extending its market reach.