|By Business Wire||
|April 30, 2014 08:04 AM EDT||
Software AG (Frankfurt TecDAX: SOW) today announced that its acquisition of JackBe, a real-time visual analytics and intelligence software provider, was recognized by the Association for Corporate Growth as the Strategic M&A deal of the Year within the $100M category. ACG National Capital is the Washington, D.C. region's preeminent association for corporate professionals involved in corporate growth, corporate development and M&A. Software AG acquired JackBe in August 2013 to serve as the foundation for its Intelligent Business Operations Platform, which provides analytics and decision management for real-time applications.
Tod Weber, Chief Executive Officer for Software AG Government Solutions accepts the Association for Corporate Growth's Award for the Strategic M&A 'deal of the year' within the $100m category. Mr. Weber delivered his acceptance speech in front of 450 attendees at the Corporate Growth Awards Gala held at the Ritz Carlton, Tyson's Corner, McLean, VA. (Photo Source: Michael Carpenter Photography)
“Speed, at a given quality, is a fundamental factor for business success and is the basis of our M&A program,” said Arnd Zinnhardt, Chief Financial Officer at Software AG, responsible for global M&A. “The early identification of strategic technology trends, a lean M&A process and the rapid integration of acquired technologies are key components of our value-add to customers. I am therefore extremely pleased to see the strategic nature of our acquisition of JackBe recognized by such a prestigious organization.”
The real-time analysis and visualization of massive amounts of data is increasingly becoming the basis for fast and intelligent business decisions. With the capabilities of JackBe integrated in its Intelligent Business Operations platform, Software AG has been able to provide customers with a comprehensive 360-degree view of operational processes by combining live, historical and transactional data with machine-to-machine communications.
Ultimately, Intelligent Business Operations provides enterprises with the ability to make fully informed business decisions anytime and anywhere using real-time applications, including those focused on customer experience management (CEM) and the Internet of Things (IoT).
The JackBe transaction was one of the more high profile Big Data deals of 2013, recently winning the M&A Advisor Deal of the Year award. It also highlights the ability to transition Washington-based technology provided to the US government into the commercial industry.
Tod Weber, Chief Executive Officer for Software AG Government Solutions, noted: “We were pleased to accept this award on behalf of Software AG and JackBe. Real-time visualization and analytics are increasingly important in extracting value from big data streams, and we look forward to continuing to leverage JackBe’s technology in helping our government customers achieve mission critical results.”
Software AG’s Intelligent Business Operations Platform is available today and more information can be found at http://www.softwareag.com.
About Software AG
Software AG (Frankfurt TecDAX: SOW) helps organizations achieve their business objectives faster. The company's big data, integration and business process technologies enable customers to drive operational efficiency, modernize their systems and optimize processes for smarter decisions and better service. Building on over 40 years of customer-centric innovation, the company is ranked as a "leader" in fourteen market categories, fueled by core product families Adabas-Natural, ARIS, Alfabet, Apama, Terracotta and webMethods. Software AG has more than 5,200 employees in 70 countries and had revenues of €973 million in 2013.
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Software AG | Uhlandstraße 12 | 64297 Darmstadt | Germany
Detailed press information about Software AG including a picture and multimedia database are available under: www.softwareag.com/press
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