Feeds

IBM throws arms around ILOG

BPM, SOA treehuggers unite

Choosing a cloud hosting partner with confidence

IBM is buying French software maker ILOG for €215m ($340m).

The tech giant said today the deal is part of IBM’s strategy to beef up business process management and service-oriented architecture technologies.

The offer price represents a premium of about 56 per cent compared with ILOG’s one month average closing share price before today, and a 37 per cent premium to the closing price on Friday (25 July). IBM received commitments from shareholders representing about ten per cent of ILOG’s share capital.

ILOG separately reported today that net profit tumbled $500,000 on revenues of $181m in the year ended 30 June, from a net income of $4.9m on revs of $161.5m.

"In the fourth quarter, we faced a challenging economic environment, notably in the financial sector, which remains a key source of revenues for ILOG," the firm said. ®

Intelligent flash storage arrays

Whitepapers

Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.