CNT, a global storage networking specialist and IP storage solutions developer, is selling certain assets of Propelis Software Inc., a wholly owned subsidiary, to Jacada Ltd.
Jacada is purchasing the assets from CNT/Propelis, a developer of enterprise application integration and business process management software, for $6 million. Jacada, which designs and markets enterprise user enterprise solutions, is acquiring Propelis EAi, an enterprise access integrator product, and Propelis BPm, a business process management system.
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