Today we announced that Software AG is acquiring the Apama business (both people and technology) from Progress Software. Apama is the market-leading platform for building Complex Event Processing (CEP) applications. Apama will join Terracotta as part of our group of Big Data companies and technologies.
We are making this acquisition because, as companies focus on becoming truly digital enterprises and addressing the four megatrends of cloud, mobile, social and big data, we see an increasing demand for CEP based solutions. CEP is an important capability helping customers detect important events and information that are critical to fast and accurate business decisions. We wanted to immediately take advantage of the opportunity to add Apama’s complementary and market leading CEP platform to the Software AG Suite.
There are great synergies between the Apama and Software AG businesses and technologies that will benefit our mutual customers tremendously.
Please join us in welcoming Apama to the Software AG family by leaving your comments below.
Learn more about Apama and Software AG.