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IBM to Buy Two Software AG Data Platforms for €2.13 Billion

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Dec. 18, 2023, 7:48 a.m. | Olivia Solon, Aggi Cantrill

Bloomberg Technology bloomberg.com

International Business Machines Corp. has agreed to buy data-integration platforms StreamSets and WebMethods from Software AG for €2.13 billion ($2.3 billion) in cash in an effort to strengthen its AI and cloud capabilities.

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