IBM has signed an agreement to acquire Lombardi, a privately held software company based in Austin, Tex. Financial terms were not disclosed. Lombardi is a provider of business process management (BPM) software and services. The company helps organizations automate and integrate business processes to increase efficiencies and reduce costs.
"Any discussion on business improvement inevitably leads to improving the processes that are at the heart of every company," says Craig Hayman, general manager, IBM application and integration middleware. "Recognizing this, IBM has strengthened its presence and investments in business process and integration software to meet these growing client demands. Lombardi fills out our company's portfolio in this key area."
An early supporter of WebSphere, Lombardi's capabilities complement the recent product upgrades and new product announcements in IBM's WebSphere portfolio. These are designed to help clients achieve the agility they need to survive in today's changing business environment. Through its collaborative approach to process application development based on a WebSphere infrastructure, Lombardi extends IBM's customizable, role-based capabilities to empower business users to effect change rapidly in their businesses.
"IBM has been a long-standing partner in addressing the core business needs of customers across a wide range of industries," says Rod Favaron, CEO of Lombardi. "Our shared vision has been to deliver technology that helps companies improve their effectiveness by better managing the processes that keep their businesses running. Becoming part of the IBM family will take this vision to a higher level and enable us to explore new opportunities together in product development, integration, and go-to-market strategies."
Following regulatory approvals and customary closing conditions, the acquisition will be completed and Lombardi integrated into IBM.
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