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2023-12-19 11:29:30
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IBM Acquires Data Integration Platforms webMethods and StreamSets for $2.3 Billion
In the face of rapid digital transformation, application and data integration solutions are playing an increasingly important role within organizations. According to IDC's prediction, the global integration market is expected to exceed $18 billion by 2027, with an average annual growth rate of over 16%. IBM has announced an agreement with Software AG to acquire webMethods and StreamSets for $2.3 billion. StreamSets is an integrated platform that supports intelligent data pipelines across multi-cloud architectures, including batch processing and real-time data.