IBM to buy Software AG’s enterprise tech business for $2.3 billion By Reuters

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© Reuters. FILE PHOTO: The logo for IBM is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid//File Photo

(Reuters) – IBM (NYSE:) on Monday said that it would buy Software AG’s StreamSets and webMethods platforms for 2.13 billion euros ($2.33 billion) in cash.

($1 = 0.9158 euros)

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© Reuters. FILE PHOTO: The logo for IBM is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid//File Photo

(Reuters) – IBM (NYSE:) on Monday said that it would buy Software AG’s StreamSets and webMethods platforms for 2.13 billion euros ($2.33 billion) in cash.

($1 = 0.9158 euros)

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