January 6, 2009 - IBM announced the completion of its approximately $340 million tender offer for the shares of ILOG. The tender offer, announced July 28, 2008, was finalized after IBM acquired all outstanding stock in ILOG and satisfied the other conditions of the offer.
Headquartered in Paris, ILOG has more than 2,500 customers, 850 employees and operations in 30 countries around the world. The ILOG Business Rule Management System, Optimization, Visualization and Supply Chain Management portfolios will build upon IBM software and business process management leadership across a broad range of applications and environments.
ILOG technology will add significant capability across IBM's software platform and the addition of BRMS will provide another dimension of leadership for the IBM BPM portfolio. This includes improved rules and business optimization for WebSphere and Information Management offerings, better visualization for WebSphere, Lotus and Tivoli products and solutions, as well as enhanced optimization and efficient supply chain management assets for planning and scheduling within a service oriented architecture.
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