IBM Acquires StreamSets and WebMethods Platforms from Software AG for €2.13B

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INTERNATIONAL ($NYSE:IBM): This acquisition will add to IBM’s growing portfolio of software and services. The company’s products and services span across industries such as automotive, healthcare, finance, retail, and more. By acquiring StreamSets and webMethods, IBM will strengthen its existing data integration and AI capabilities. This could potentially lead to the development of innovative products that better meet the needs of its customers.

Price History

On Monday, INTERNATIONAL BUSINESS MACHINES Corporation (IBM) announced the acquisition of Software AG’s StreamSets and WebMethods Platforms for a total of €2.13B. As a result of the acquisition, IBM stock opened at $162.2 and closed at $162.7, up by 0.3% from its last closing price of $162.2. The StreamSets platform delivers real-time data streaming capabilities that enable customers to design, orchestrate and centrally manage pipelines to collect and process data across hybrid and multicloud environments. This platform is widely used by organizations for its comprehensive observability features to monitor data flows, pre-built connectors and performance optimization capabilities. The WebMethods Platform is an integration platform that supports the development of APIs, cloud services and internet of things applications.

This platform enables customers to automate processes, manage customer data, and access application programming interfaces to connect legacy systems with new applications. With the acquisition of these two platforms, IBM aims to accelerate its hybrid cloud strategy as well as expand its digital transformation offerings. Moreover, it will help IBM to better serve its customers in the areas of artificial intelligence, internet of things, and blockchain in addition to strengthening its cloud services portfolio. Live Quote…

About the Company

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Analysis

Analyzing INTERNATIONAL BUSINESS MACHINES’ financials using GoodWhale’s Star Chart, we can see that the company has an impressive health score of 8/10 when it comes to cashflows and debt. This suggests that it is a financially strong company, capable of sustaining operations even in times of crisis. When it comes to its other metrics, INTERNATIONAL BUSINESS MACHINES is strong in dividend and profitability, and weak in asset and growth. This leads us to conclude that this company is classified as a ‘cow’, meaning that it is one with the track record of regularly paying out consistent and sustainable dividends. Investors looking for a reliable source of income may be interested in this company as a potential investment. With its solid health score and strong dividend output, INTERNATIONAL BUSINESS MACHINES could be an attractive option for those seeking stability and sustainability. More…

Peers

International Business Machines Corp, also known as IBM, is a publicly traded multinational technology and consulting corporation. Kyndryl Holdings Inc, Accenture PLC, and Oracle Corp are all major competitors in the same industry. All four companies provide services including but not limited to information technology, cloud computing, artificial intelligence, and blockchain technology.

– Kyndryl Holdings Inc ($NYSE:KD)

Kyndryl Holdings Inc is a holding company that owns and operates businesses in the United States. The company has a market capitalization of $2.01 billion and a return on equity of -3.9%. Kyndryl Holdings Inc is engaged in the business of providing services to businesses and individuals. The company’s businesses include Kyndryl Network Services, Inc, which provides network services; Kyndryl Information Technology, Inc, which provides information technology services; Kyndryl Business Solutions, Inc, which provides business solutions; and Kyndryl Consumer Services, Inc, which provides consumer services.

– Accenture PLC ($NYSE:ACN)

Accenture PLC is a technology consulting company with a market cap of 166.38B as of 2022. The company has a return on equity of 26.56%. Accenture PLC provides technology consulting services to businesses and governments around the world. The company has operations in more than 120 countries and employs more than 336,000 people.

– Oracle Corp ($NYSE:ORCL)

Oracle Corporation is an American multinational computer technology corporation headquartered in Redwood Shores, California. The company specializes in developing and marketing computer hardware systems and enterprise software products, particularly its own brands of database management systems. Oracle is the second-largest software company by revenue and market capitalization.

Summary

International Business Machines (IBM) recently announced the acquisition of software company Software AG’s StreamSets and webMethods platforms for €2.13 billion. This strategic move is a continuation of IBM’s efforts to expand its portfolio of cloud and data integration offerings. The acquisition should help IBM accelerate its cloud revenue growth, add to its customer base, and increase its presence in the European market. Investors should watch closely as IBM continues to expand through acquisitions, as it may provide further insight into the company’s long-term strategy.