IBM Buys AptSoft

IBM acquires AptSoft to expand portfolio in burgeoning business events software market

January 24, 2008

1 Min Read
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ARMONK, N.Y. -- IBM (NYSE:IBM - News) today announced it is expanding its business event processing software portfolio by acquiring AptSoft Corporation, a privately-held software company based in Burlington, Massachusetts. Financial details were not disclosed.

AptSoft technology helps businesses uncover the cause-and-effect relationships among seemingly disparate business events that occur in milliseconds or throughout defined periods of time. AptSoft's business event processing software further illustrates IBM's commitment to pursuing the service oriented architecture (SOA) market opportunity and will complement IBM's existing SOA software and related services offerings that span the WebSphere, Information Management and Tivoli brands as well as RFID and Web 2.0 capabilities and industry-specific solutions.

Business event processing software helps customers identify patterns and establish connections between events and then initiates a trigger when a trend emerges. The role of event processing is becoming increasingly important because it enables companies of all sizes and industries to proactively analyze and respond to minute market changes that can have significant business impact. This allows companies to seize critical business opportunities or mitigate risks before they negatively affect their ability to compete.

"We welcome AptSoft into the IBM SOA portfolio and look forward to further extending our leadership position in the business events market. AptSoft enables customers to capture events as they happen with an intuitive user interface designed for business analysts," said Tom Rosamilia, general manager, IBM WebSphere software. "AptSoft complements IBM's SOA strategy and augments our business events capabilities to help our customers maximize their existing investments in SOA."

IBM Corp.

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