Software AG

Software AG
Aktiengesellschaft
Traded as FWB: SOW
Industry Computer software
Founded 1969 (1969)
Headquarters Darmstadt, Germanyhttps://en.wikipedia.org/w/index.php?title=Software_AG&action=edit
Key people
 Karl-Heinz Streibich (CEO and chairman of the executive board), Andreas Bereczky (Chairman of the supervisory board)
Products Business process management software and consulting (including ARIS Express, webMethods, ADABAS, Natural)
Revenue €857.8 million (2014)[1]
€166.9 million (2014)[1]
Profit €110.6 million (2014)[1]
Total assets €1.849 billion (end 2014)[1]
Total equity €1.013 billion (end 2014)[1]
Number of employees
 4,421 (FTE, 2014)[1]
Website www.softwareag.com

Founded in 1969, Software AG is an enterprise software company with over 10,000 enterprise customers in over 70 countries. The company is the second largest software vendor in Germany, the seventh largest in Europe[2] and among the top 25 globally. Software AG is traded on the Frankfurt Stock Exchange under the symbol “SOW” and part of the technology index TecDAX.

History

The company was founded in 1969 by a group of six young employees at the consulting firm AIV (Institut für Angewandte Informationsverarbeitung). ADABAS was launched in 1971 as a high performance transactional database management system. In 1979 Natural, a 4GL application development language, was launched. The company continued to open offices and subsidiaries in North America (1971), Japan (1974), UK (1977), France (1983), Spain (1984), Switzerland, Austria, Belgium and Saudi Arabia (1985). By 1987 Software AG had around 500 employees, 12 subsidiaries in Europe and offices in more than 50 countries. In 1999 Software AG was listed on Frankfurt Stock Exchange and soon after the company released Tamino Information Server and Tamino XML Server.

In January 2005, Software AG acquired Sabratec Ltd, a privately held legacy integration vendor headquartered in Israel.[3] This was followed-up by the acquisition of its Israeli distributor SPL software in March 2007[4] and the application modernization business of another Israeli company, Jacada in December 2007,[5] which formed the basis for its research and development center in Israel.

The company launched Centrasite SOA Governance platform in 2006 and with the $546M acquisition of U.S. rival webMethods in 2007 Software AG became one of the leaders in enterprise service bus, business process management and service-oriented architecture (SOA) product space.[6]

In July 2009, Software AG announced a takeover offer for the Germany-based company IDS Scheer AG. Since February 2010, IDS Scheer is part of the Software AG Group.[7] In October 2010, the company acquired New Jersey based Data Foundations, a leading master data management provider.[8]

In May 2011, Software AG acquired Terracotta Inc and Metismo Ltd. Terracotta Inc is a leader in the field of in-memory technology for high-performance applications and cloud services. Especially the middleware platform WebMethods should benefit from this acquisition.[9] Metismo Ltd. has an extremely flexible and versatile platform for the development of device-independent mobile applications. It enables design and development of applications and the automatic transformation in the different formats of mobile devices.[10]

In April 2012, Software AG announced to buy the British technology provider my-Channels. With My-Channels, Software AG gained in-house access to universal messaging technology that allowed the company to transfer their data streams quickly and safely to the cloud and mobile applications.[11]

In March 2013, Software AG invested in Berlin-based company metaquark, which is specialized in mobile solutions. The aim is to jointly develop the webMethods Mobile Suite of Software AG. This allowed the company to access especially to the innovative know-how of metaquark.[12]

In April 2013, Software AG bought the US cloud platform provider LongJump. The Platform as a Service offers a range of ready-made modules and templates for building and running business applications in the public or private cloud settings.[13]

On June 13, 2013, Software AG acquired alfabet AG. Alfabet is a leading software provider in the areas of "enterprise architecture" and "IT Portfolio Management" focusing on the planning and optimization of IT landscapes.[14]

On June 13, 2013 Software AG announced that it has purchased the Apama Complex Event Processing Platform of Progress Software. The platform provides an environment for the design and operation of CEP applications providing tools and graphical analysis and test capabilities for analysts, developers and administrators.[15]

Software AG acquired JackBe in August 2013 to serve as the foundation for its Intelligent Business Operations Platform, which provides analytics and decision management for real-time applications.[16]

In December 2013, Software AG invested in Big Data Analytics company Datameer,[17][18] which offers self-service Big Data Analytics and "to follow cutting edge technology trends".[19]

Corruption Allegations

In July 2017 allegations emerged in South Africa that Software AG made "kickback" payments by entering into questionable commission agreements with a Gupta-controlled company in the hope of securing lucrative state contracts.[20]

Products

Software AG is a business infrastructure software provider with products in various technologies like DBMS, application modernization, SOA, BPMS and ESB. Below are a few of their products on the market.

Communities

Software AG uses two main communities as a platform to interact with their customers and as a chance for customers to exchange their experiences with Software AG products. These communities are the ARIS Community,[21] for the user group around ARIS, and the TECH Community,[22] for user groups of the other products.

University Relations Program

Software AG's University Relations Program is dedicated to build ties within academia and the educational sector in general.[23] Beside diverse events, it offers students and faculty free software[24] in an effort to built an academic user group.

References

  1. 1 2 3 4 5 6 "Annual Report 2014" (PDF). Software AG. Retrieved 22 May 2015.
  2. ↑ "European software vendors ranking 2014". TRUFFLE CAPITAL. Retrieved 22 May 2015.
  3. ↑ "Software AG to Acquire Legacy Integration Technology Company Sabratec Ltd.". Globes. 9 January 2005.
  4. ↑ "Software AG: US will be our top market in future". Jerusalem Post. 2012-10-25.
  5. ↑ "Jacada Announces Sale of its Application Modernization Business to Software AG for $26 Million". Reuters (Press Release). December 20, 2007. Archived from the original on November 14, 2012.
  6. ↑ "Company History - Software AG". Software AG.
  7. ↑ "The domination and profit transfer agreement between Software AG and IDS Scheer AG now registered". Software AG.
  8. ↑ Schweizer, Kristen (October 26, 2010). "Software AG Raises Forecast on Profit Gain, IDS Scheer Purchase". Bloomberg. Retrieved August 13, 2016.
  9. ↑ "Terracotta-Übernahme: Software AG freut sich über Cloud-Technologie".
  10. ↑ "IT-Zukauf: Software AG übernimmt Metismo".
  11. ↑ "my-Channels: Software AG übernimmt britischen Messaging-Spezialisten". computerwoche.de.
  12. ↑ Schindler, Martin (27 March 2013). "Software AG investiert in mobiles Startup" [Software AG invests in mobile startup] (in German). silicon.de.
  13. ↑ Developer, heise. "Software AG kauft PaaS-Firma LongJump". heise.de.
  14. ↑ "Software AG übernimmt alfabet". crn.de.
  15. ↑ Developer, heise. "Software AG kauft Apama".
  16. ↑ "Software AG's Acquisition of JackBe Recognized as Strategic M&A Deal of the Year". Reuters. April 30, 2014. Archived from the original on May 17, 2014.
  17. ↑ "Datameer Secures $19 Million to Meet Global Demand for Self-Service Big Data Analytics for Hadoop".
  18. ↑ "Datameer Raises $19M As Market For Hadoop And Big Data Analytics Hits An Inflection Point".
  19. ↑ "Investor Newsletter #4/2013" (PDF). Software AG. December 2013. Archived from the original (PDF) on June 7, 2014. Retrieved August 13, 2016.
  20. ↑ http://www.news24.com/SouthAfrica/News/guptaleaks-another-software-giant-implicated-in-kickback-payments-20170725. Missing or empty |title= (help)
  21. ↑ http://www.ariscommunity.com/university
  22. ↑ http://techcommunity.softwareag.com/universities
  23. ↑ http://www.softwareag.com/university
  24. ↑ http://www.softwareag.com/corporate/community/uni/education/licenses/default.asp
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