IBM To Acquire AptSoft Event Processing Software Provider
turbotodd 100000388Y Visits (2102)
IBM announced this morning that it is acquiring AptSoft Corporation, a privately-held software company based in Burlington, Massachusetts.
AptSoft technology helps businesses uncover the cause-and-effect relationships between seemingly disparate business events that occur in milliseconds or throughout defined periods of time.
Business event processing software helps customers identify patterns and establish connections between events and then initiates a trigger when a trend emerges.
Event processing's role in business is becoming increasingly important to help companies proactively analyze and respond to minute market changes that can significant business impact. This allows companies to seize critical business opportunities or mitigate risks before they negatively affect their ability to compete.
AptSoft products will become part of the IBM Software Group WebSphere software brand.
You can learn more in the press release here.