IBM's Telelogic bid a done deal
By Robert Mullins
April 4, 2008 —
IBM has completed its US$845 million acquisition of Telelogic, giving it some more leverage in the post-PC market for software applications in wireless devices, automobiles, home appliances, even robots.
IBM said yesterday that the acquisition, first announced in June 2007, has closed, and that Telelogic is now part of IBM’s Rational division.
Telelogic’s software tools are used in embedded complex systems development, serving such customers as Boeing, Siemens, Sprint and Toyota, IBM said in its announcement. IBM and Telelogic together will offer a stronger link between hardware and software design, better manage systems engineering efforts, ensure standards compliance and coordinate all development team efforts.
IBM took a jab at competitors HP and Microsoft in announcing the Telelogic closing. It compared its software and systems offering to Microsoft’s and stated that Redmond’s “proprietary software strategy and lack of large-scale system development expertise naturally hinders their ability to play in this space.” While HP is building a software portfolio through acquisitions, IBM claimed that HP must “first learn to ‘walk’ in software development before they can ‘run’ in systems development.”
Growth opportunities appear to be better in the non-PC space than in PCs, IBM declared, citing industry research. Venture Development Corporation reported that the market for embedded software development products was $51 billion in 2005, while Embedded Market Forecasters reported that the market for traditional, PC-based software development was only $292 million that same year.
Telelogic, with headquarters in Malmö, Sweden, and Irvine, Calif., has 8,000 customers and 1,200 employees worldwide.
The acquisition was completed when 96.9% of Telelogic shareholders approved of the deal and various global regulatory agencies gave their blessings. The delay in closing the deal pushed the price up from an original $745 million last year, as the declining value of the dollar against the Swedish krona meant IBM had to pay more.
Related Search Term(s): IBM, Telelogic
Share this link: http://sdt.bz/31959
Most Read Latest News Blog Resources
Zeichick’s Take: Radio moves from analog waveforms to digital packets
Streaming radio highlights the need for streaming applications to be designed to take up as little bandwidth as possible
|
|
Taking enterprise architecture to the business side
Startup Corso is bringing out a cloud-based planning platform that ties into business plans
|
|
Appcelerator Acquires Cocoafish to Add Instant Mobile Cloud Capabilities to its Industry Leading Titanium Platform
Appcelerator Offers Messaging, Social, Location and Storage Mobile Cloud Services to All Mobile App Publishers
|
|
ComponentOne Releases a Collection of 40+ UI Widgets Powered by HTML5 and jQuery
ComponentOne has announced the 2012 release of Wijmo: a kit of UI widgets for HTML5 and jQuery development
|
Taking enterprise architecture to the business side
Startup Corso is bringing out a cloud-based planning platform that ties into business plans
|
|
Top five apps to manage your workload
Web applications offer new ways to track your “to-do” lists
|
|
Not so fast when it comes to testing in the cloud
Developers face outsourcing, virtual lab management and mobile devices as obstacles
|
|
Xceed releases UX-focused suite for Microsoft’s WPF
"Blendables" helps match user experiences to developer visions
|
Are you at risk for burnout?
Burnout is a severe problem and it can strike at any time. Here's how to tell if you are nearing the edge.
|
|
Agility, mom, and apple pie
If we're to evaluate the state-of-the-art in software development, we should start with the values espoused in the Agile Manifesto.
|
|
RIM woos developers with free tablet
How do you get more apps ported to the BlackBerry PlayBook? By giving every developer a free tablet, of course!
|
|
GitHire: Use Headhunters to Find Your Perfect Programmer
Are you a hiring manager tired of scouring the job boards? Check out this new service that will find 5 people interested in your jobs.
|
The Hidden Costs of Software Licensing
Moving beyond paper-based software licensing to more flexible, software-based licensing is a business decision. There is a growing trend tow...
|
|
Case Study: You May Need a Development Mechanic
As a contractor for a major financial player in Germany, SOBEGE, a German-based consultancy specializing in embedded IT and web services, wa...
|
|
Ensuring Software Quality at a Major International Bank
One of the world’s leading international banks has adopted AgitarOne technology for delivering generated unit tests for their Java software...
|
|
Load Testing Adobe Flex Applications
Adobe Flex applications may be different from applications you’ve worked with before. For classic HTML web applications, the server does all...
|
Related Articles
IBM maps out future for Telelogic tools
The company sees its Rational tools as being used in the IT space and Telelogic's tools being used by systems developers. The plan calls for a preservation of Telelogic's tools that developers already use and enjoy.
|
Telelogic upgrade comes with IBM logo on it
Telelogic's latest software tools release for complex embedded systems is the first since IBM acquired the company in April, although new features for wider collaboration, requirements management and other tasks were in development by Telelogic before the acquisition.
|
IBM's second century begins with a new CEO
Virginia Rometty gets that software will play an important role in providing business value
|