IBM announced it acquired Webify Solutions, an Austin, Texas-based, privately held provider of industry-specific software and services for building service oriented architectures (SOA). An SOA is a way of reusing a company's existing technology to more closely align with business goals helping to result in greater efficiencies, cost savings and productivity. Financial terms were not disclosed.
This acquisition builds upon IBM's strategy to take advantage of its strengths in business consulting, IT services and software to develop high-value, repeatable tools that help companies optimize and transform their businesses. Webify technology will be immediately integrated into IBM Software Group under the WebSphere brand - which has experienced 32 consecutive quarters of revenue growth and double-digit revenue growth for the first two quarters of 2006. It will also be available through IBM Global Services offerings.
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