(Reuters) - Software AG said in a statement the acquisition will strengthen its position in the service-oriented architecture and business process management market. "Combining our product portfolio and sales team with those of webMethods', gives us a major foothold in the critical North American market," said Karl-Heinz Streibich, chief executive officer of Software AG.
Software AG expects the deal, which is expected to close during the second quarter of 2007, to add strongly to its operating earnings from 2008 onwards.
Read more at Reuters.com Mergers News
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