.
The acquisition of Apama is an important step in
implementing Software AG’s strategy of enabling the digital enterprise?
.
Apama will enable enterprises to maximize the
value of their big data through proactively responding to business
opportunities identified from the continuous analysis and correlation of
business activities across multiple data streams?
.
It will also enable customers to fully integrate
the industrial internet (Industry 4.0), analyzing the massive amounts of
real-time operational data from intelligent machines to make precise, real-time
decisions ?
.
Software AG will leverage and expand
Apama’s leadership in customizable CEP-powered solutions in capital markets
(algorithmic trading, risk and market surveillance), telecommunications and
supply chain & logistics?
.
With this acquisition Software AG confirms
its focus on dynamic growth for its BPE business division
<b>Darmstadt,
Germany, June 14, 2013 – Software AG today announced that it has executed an
agreement with Progress Software to acquire Apama, the market leading platform
for Complex Event Processing (CEP) and CEP-powered solutions. Apama CEP allows
organizations to correlate and analyze business activities across multiple data
streams in real-time and take immediate action in response. The high performance
Apama CEP platform together with Software AG’s low-latency messaging and
in-memory technology will enable customers to gain maximum value from real-time
business data in any business area where sub-second response times to events
are critical; such as fraud detection, capital markets trading or customer
experience management. In addition, Apama CEP will enable customers to fully
design, test, monitor and control the industrial internet to a new level of
precision and at a new level of intelligence.</b>
Under
the deal Software AG will take over the Apama technology teams based primarily
in Cambridge (UK), Bedford (USA) and Hyderabad (India). Also included are the
global Apama sales and technical teams, which serve their extensive customer
base in financial services, communications and other markets. Software AG will
maintain the Apama product brand given the high brand recognition of Apama in
the CEP market. Software AG will also continue and expand Apama’s industry and
solution focus areas, including capital markets trading, risk and surveillance,
as well as more broadly location and context-aware customer experience
management and fraud prevention.??
”Data
can lose its value in an instant”, said Software AG’s CEO Terracotta and Member
of the Group Executive Board, Robin Gilthorpe. ”Software AG’s big data
technology focuses on empowering enterprises to react to complex data while
that data is still live and while a reaction still has significant business
impact – whether preventing fraud, increasing sales or even in saving lives.
This acquisition is a major step in delivering on our strategy of empowering
enterprises to derive meaningful business insights and value from big data”.?
Software
AG’s big data strategy focuses on delivering real-time insights from any big
data source to any type of device for immediate action. It combines in-memory
data management with event stream processing and messaging to deliver real-time
business insights. Software AG’s big data platform will enable a new class of
applications that easily adapt to emerging use cases and new data sets. These
goals have not been achievable using traditional disk-based data management
approaches. Apama is a low-latency CEP platform that fully complements Software
AG’s product portfolio.
Dr.
John Bates, Apama co-founder and Chief Technology Officer at Progress Software
stated: ”Both Progress and Software AG are committed to making this transition
as seamless as possible for customers and to continue providing them with the
highest levels of support to which they’ve become accustomed. I will be
joining Software AG once the transaction is completed and am personally
committed to this transition.”??
This
acquisition is consistent with Software AG’s focus on expanding its dynamically
growing business line for integration and process software (Business Process
Excellence) in order to help customers digitize their enterprises around the
"four forces": mobile, cloud, social collaboration and big data.
Software AG generated about ?547 million in the Business Process Excellence
segment alone in fiscal 2012. Licensing revenue in this business segment
increased by 19 percent year-on-year in Q1 2013.
<b>Technical
Details</b>
The
Apama Event Processing Platform is a complete design and deployment environment
for CEP applications. From graphical design tools to research and back-testing
utilities, the complex event processing (CEP) platform provides analysts,
developers and administrators with a full lifecycle design center that is
optimized for CEP solutions. Apama is the leading CEP technology used by
capital markets participants in trading, risk and compliance. The Apama
platform offers a flexible and powerful platform for developing event-driven
applications.
<b>For more information please contact:</b>
Press contact Susan Rose Communication AB, Phone +46 73 300 3010, susan@susanrose.se ?
Camilla Emlé, Marketing Director Nordic, Software AG, Phone +46 705
95 17 05
<b>About Software AG</b>?Software AG (FRA: 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 15 market categories, fueled by core product families Adabas and
Natural, ARIS, Terracotta and webMethods. Software AG has ca. 5,300
employees in 70 countries and had revenues of ?1.05 billion in 2012. Learn more
at www.softwareag.com.
<b>Software AG | Uhlandstraße 12 | 64297 Darmstadt |
Germany</b>
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