Wednesday, October 19, 2005
IBM buys DataPower of Cambridge for $100m - The Boston Globe
IBM buys DataPower of Cambridge for $100m - The Boston Globe "IBM Corp., continuing its string of Massachusetts acquisitions, disclosed that it has purchased DataPower of Cambridge, a privately held company that helps businesses use open standards-based software applications. IBM paid about $100 million for DataPower, which sells its enterprise customers service-oriented architecture, an approach that combines business processes with information technology. Earlier this year, IBM bought Ascential Software Corp. of Westborough for $1.1 billion. In recent years, IBM also has acquired three other Massachusetts software companies -- Lotus Development Corp. of Cambridge, Informix Software Inc. of Westborough, and Rational Software Corp. of Lexington -- for a total of $6.2 billion."