IBM announced Monday that it plans to acquire business rules management software maker ILOG in a deal valued at $340 million.
Under the deal, IBM will merge ILOG into its WebSphere brand. This is a move to expand its middleware software footprint. Middleware is a layer of software that helps servers running databases and Web site software talk with servers running applications.
ILOG was founded in 1987 and employs more than 850 people worldwide. Over 2,500 corporations and more than 465 leading software vendors rely on ILOG's market-leading Business Rule Management Systems (BRMS), supply chain applications as well as its optimization and visualization software components, to achieve dramatic returns on investment, create market-defining products and services, and sharpen their competitive edge.
ILOG delivers software and services that empower customers to make better decisions faster and manage change and complexity.
DEEPAK KUMAR
PGDM 3RD SEM
Under the deal, IBM will merge ILOG into its WebSphere brand. This is a move to expand its middleware software footprint. Middleware is a layer of software that helps servers running databases and Web site software talk with servers running applications.
ILOG was founded in 1987 and employs more than 850 people worldwide. Over 2,500 corporations and more than 465 leading software vendors rely on ILOG's market-leading Business Rule Management Systems (BRMS), supply chain applications as well as its optimization and visualization software components, to achieve dramatic returns on investment, create market-defining products and services, and sharpen their competitive edge.
ILOG delivers software and services that empower customers to make better decisions faster and manage change and complexity.
DEEPAK KUMAR
PGDM 3RD SEM
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