IBM has announced the acquisition of Webify Solutions, an Austin, Texas-based, privately held provider of software and services for building service oriented architectures (SOA) in insurance and other industries.
An SOA, explained Armonk, N.Y.-based IBM, is a way of reusing a company's existing technology to more closely align with business goals, resulting in greater efficiencies, cost savings and productivity.
Financial terms were not disclosed.
According to the announcement, Webify's offerings help solve business problems that are specific to a given industry, such as HIPAA compliance for health care companies and ACORD standards in the insurance industry. Webify technology will be immediately integrated into the IBM Software Group under its WebSphere brand.
Webify software helps accelerate the development and deployment of applications that business users need in order to quickly respond to market and competitive pressures, said IBM. It provides hundreds of industry-specific, pre-built standards-based accelerators, tools and frameworks.
According to Robert LeBlanc, general manager, IBM WebSphere Software, "Webify's industry-specific tools, models and frameworks will complement IBM's industry-leading WebSphere software and the deep industry expertise of IBM Global Services to better help insurance and health care customers use SOA to solve business problems unique to their industries."
Manoj Saxena, Webify chairman and chief executive officer, will continue to manage Webify and will undertake additional responsibilities for IBM's SOA strategy, reporting to Mr. LeBlanc, the announcement said. Through the acquisition, 120 Webify employees based in Austin and Mumbai, India will become IBM employees.
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