SOFTWARE AG COMPLETES ACQUISITION OF WEBMETHODS FOR $546 MILLION
Press Release
Darmstadt, Germany - June 01, 2007 – Software AG, Europe's largest Business Infrastructure Software provider, announced today the successful acquisition of webMethods, Inc. (NASDAQ: WEBM) a leading business integration and optimization software company. With a deal value of $546 million, this merger is one of the largest pure software deals in the history of the European IT industry. The combination creates a new global leader in business infrastructure software with over 4,000 enterprise customers worldwide and is one of the largest independent vendors in the rapidly growing Service-Oriented Architecture (SOA) and Business Process Management (BPM) markets. Software AG announced new financial guidance for 2007 with revenue forecast to rise by 30%-35% compared to 2006 and EPS by €0.50 - €0.65.
- The merger creates a new global leader in Business Infrastructure Software
- New financial guidance for 2007: total revenue growth to reach 30%-35% and Earning Per Share (EPS) to increase by € 0.50 - € 0.65; a major step towards Software AG’s stated goal of doubling revenue to €1 billion by 2011
- Ranks as one of the largest pure software deals in the European IT market
Darmstadt, Germany - June 01, 2007 – Software AG, Europe's largest Business Infrastructure Software provider, announced today the successful acquisition of webMethods, Inc. (NASDAQ: WEBM) a leading business integration and optimization software company. With a deal value of $546 million, this merger is one of the largest pure software deals in the history of the European IT industry. The combination creates a new global leader in business infrastructure software with over 4,000 enterprise customers worldwide and is one of the largest independent vendors in the rapidly growing Service-Oriented Architecture (SOA) and Business Process Management (BPM) markets. Software AG announced new financial guidance for 2007 with revenue forecast to rise by 30%-35% compared to 2006 and EPS by €0.50 - €0.65.
- The merger creates a new global leader in Business Infrastructure Software
- New financial guidance for 2007: total revenue growth to reach 30%-35% and Earning Per Share (EPS) to increase by € 0.50 - € 0.65; a major step towards Software AG’s stated goal of doubling revenue to €1 billion by 2011
- Ranks as one of the largest pure software deals in the European IT market
Labels: webMethods


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