Software AG

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Software AG
Type Public (Frankfurt Stock Exchange: SOW)
Founded 1969
Headquarters Darmstadt, Germany
Key people Karl-Heinz Streibich, CEO
David Broadbent
Mark Edwards
Dr. Peter Kuerpick
David Mitchell
Arnd Zinnhardt
Products Adabas, ApplinX, CentraSite, webMethods, EntireX, Natural, Tamino XML server
Revenue 483M EUROs (2006)
Net income 73.2M EUROs (2006)
Employees 2,600
Website www.softwareag.com

Software AG is a German software company, best known for its Adabas database management system and Natural application development language. The company continuously grows in the area of enterprise transaction systems, and is achieving more and more success in the market for service-oriented architecture (SOA) solutions with its Crossvision integration suite.

As of acquisition with webMethods, Software AG is no longer selling the Crossvision product line, it has replaced all integration suite product line with webMethods; the brand webMethods is a product name.

On June 1, 2007, the previously announced acquisition of webMethods, Inc. (NASDAQ: WEBM) was finalized. This was preceded by a cash tender offer for $9.15 per share or approximately $546 million.


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