IBM announced that it has signed a definitive agreement to acquire Lombardi, a privately held Business Process Management (BPM) software company based in Austin, Texas.
IBM announced that it has signed a definitive agreement to acquire Lombardi, a privately held Business Process Management software company based in Austin, Texas.
Lombardi's BPM software and services helps organizations automate and integrate business processes to increase efficiencies and reduce costs. Financial terms of the deal were not disclosed.
The Dec. 16 announcement reinforces IBM's commitment and investments in service oriented architecture (SOA) and BPM and builds on recent BPM acquisitions such as ILOG which have helped IBM extend its industry leadership capabilities. With an SOA community of more than 8,000 clients and 7,400 business partners, and a BPM community of 5,000 clients and 2,500 business partners, IBM continues to build momentum in these areas.
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