Software AG has announced the acquisition of JackBe Corporation. JackBe is a privately held company and a provider of real-time visual analytics and intelligence software.
Software AG also announced the launch of its new webMethods Intelligent Business Operations Platform (IBO).
Providing rapid deployment and a mashup of different data sources, JackBe will serve as the foundation for the new webMethods Intelligent Business Operations Platform, according to the press release. The platform will provide customers with an integrated, real-time awareness of dynamic operations and processes via easy-to-use visualizations.
“The amount of produced data is growing exponentially,” said Software AG’s Chief Technology Officer Dr. Wolfram Jost, in a statement. “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.”
Software AG has acquired JackBe’s corporate office in Chevy Chase, Maryland, its research and development facility based in Silicon Valley as well as its Latin American office in Mexico City. JackBe has customers in federal government, financial services and the manufacturing sector including General Electric, Procter & Gamble, Qualcomm, Wells Fargo and Intel. The company was founded in 2003 and has 70 employees.
Financial details of the transaction have not been disclosed.
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