Posted by: Maxine Giza
Global business infrastructure provider Software AG announced its acquisition of JackBe on Thursday, along with the release of its webMethods Intelligent Business Operations Platform (IBO).
In a statement, Software AG said JackBe will serve as the foundation of webMethods IBO, which was developed to “offer customers high visibility and insights into dynamic operations.”
Software AG’s Chief Technology Officer Wolfram Jost said the purchase was designed to help the company keep up with the growing need to handle large volumes of data quickly.
“The amount of produced data is growing exponentially,” Jost said. “Consequently, the analysis and visualization of huge data volumes in real time will become more and more the basis for fast and intelligent business decisions. With the capabilities of JackBe, we will develop further innovative solutions for our customers in order to support their evolution towards the digital enterprise.”
Michael Ogrinz, a principal architect for global markets at Bank of America, shared with SearchSOA the following thoughts on the buyout:
“Software AG’s acquisition follows Kofax’s recent purchase of Kapow Technologies. Both JackBe and Kapow were early leaders in the mashup space before re-branding towards business intelligence, content migration, and real-time analytics. JackBe and Kapow have unique approaches in the areas of data acquisition, analysis, and visualization and this has clearly not gone unnoticed by some of the industry’s big players. With the advent of big data and the new challenges and opportunities it presents, it’s not surprising that both of these companies would be snatched up.”
Software AG purchased webMethods in 2007. After two years of development, Software AG released webMethods 8.0 and integrated a Business Service Repository.