IBM has acquired AptSoft, a developer of business event processing software, in a move IBM said would strengthen its SOA and business process management software offerings. IBM did not disclose financial details of the acquisition of the privately-held AptSoft.
AptSoft's technology is used to identify patterns within large volumes of transactional data, such as stock trades, credit card transactions and healthcare billing, and take action in response to those patterns. The software can help companies reduce transaction-processing time and costs, improve customer service, manage risk, detect fraud, and comply with service level agreements and government regulations.
IBM plans to build the AptSoft technology into the SOA-based business process management applications it sells as part of its WebSphere software portfolio. IBM expects to complete the initial integration work sometime this summer.
Burlington, Mass.-based AptSoft has 19 customers, including Georgia-Pacific, Vent-Axia and New Plan Excel Realty Trust, for its product that's formally known as AptSoft Director for CEP (complex event processing).
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