webMethods Completes Acquisition of Infravio
September 28 2006 - 5:05PM
PR Newswire (US)
webMethods Adds Registry and Governance Leader to Industry-Leading
Portfolio of SOA Products FAIRFAX, Va., Sept. 28 /PRNewswire/ --
webMethods, Inc. (NASDAQ:WEBM), a leading business integration and
optimization software company, today announced the completion of
its previously announced acquisition of Infravio, Inc., a
privately-held provider of service-oriented architecture (SOA)
registry and governance solutions, for approximately $38 million in
cash. "Our differentiated vision for the SOA market is clearly
resonating as the reaction to our recent acquisitions has been
overwhelmingly positive," said David Mitchell, president and CEO,
webMethods, Inc. "These responses demonstrate that customers,
partners and analysts share our vision for how SOA can transform IT
operations and improve business performance. These audiences have
also applauded our commitment to bring together a best-in-class
product portfolio for making this approach a reality at the
enterprise-level." According to Enterprise Management Associates
[webMethods Executes on Acquisition Strategy, Nabs Infravio
(September 2006)], a leading provider of IT industry research and
analysis, "webMethods' simultaneous courtships and acquisitions of
Cerebra and Infravio indicate clear market vision combined with an
intent to pursue the logical outcome of SOA evolution, which will
undoubtedly be inter-enterprise services. The U.S. government has
already announced its intent to integrate 'everything' and logic
dictates that multiple cross-industry integrations won't be far
behind. webMethods will be well positioned to address the multiple
dimensions of this challenge with Infravio's scalability and
Cerebra's asset library. Together, they will significantly enhance
webMethods' already robust SOA execution environment and could well
be a key differentiator in the marketplace." Infravio's current
registry, repository, and governance lifecycle management
applications will be offered on a standalone basis beginning
immediately. Additional enhancements to the products are expected
to be unveiled at this year's Integration World 2006 conference,
which is taking place this November in Washington, DC. webMethods
expects to also offer these technologies as integrated components
of webMethods Fabric(TM) beginning with the product suite's next
major release, which is scheduled for this December. webMethods
also reaffirmed its support for the SOA Link, which is the SOA
governance initiative founded by Infravio as a means for ensuring
end-to-end interoperability across multiple vendors supporting the
SOA lifecycle. "The proven maturity and interoperability of the
Infravio technology means that we can begin to capitalize on these
assets immediately," added Mitchell. "We're also excited by the
opportunity to build upon the momentum already established by the
SOA Link initiative. Having long recognized and embraced the
heterogeneity of IT environments, we view the SOA Link as an
important channel for accelerating customer success with enterprise
SOA." About webMethods, Inc. webMethods (NASDAQ:WEBM) provides
business integration software to integrate, assemble and optimize
available IT assets to drive business process productivity.
webMethods delivers an innovative, enterprise-class business
integration platform that incorporates proven integration
technology with next generation capabilities into one interoperable
set of tools that delivers a unique combination of efficiency,
agility and control. webMethods combines industry leadership with a
zealous commitment to customers to deliver tangible business value
to more than 1,400 global customers. webMethods is headquartered in
Fairfax, Va., with offices throughout the U.S., Europe, Asia
Pacific and Japan. More information about the company can be found
at http://www.webmethods.com/. The webMethods name and logo are
registered trademarks of, and webMethods Fabric is a trademark of,
webMethods, Inc. All other marks mentioned are trademarks or
service marks of their respective companies. This press release
contains various remarks about the future expectations, plans and
prospects of webMethods that constitute forward-looking statements
for purposes of the safe harbor provisions of the U.S. securities
laws. In some instances, forward-looking statements can be
identified by the use of the words "believes," "anticipates,"
"plans," "expects," "intends," "may," "will" or similar
expressions. Specific forward-looking statements relate to future
market opportunities for, performance of, and integration of
Infravio's technology into, webMethods' products, solutions and
services. Actual results of webMethods may differ materially from
those indicated by these forward- looking statements as a result of
various risks and uncertainties, including: the impact of economic
conditions, geopolitical factors, seasonal factors, competitive and
pricing pressures, terrorism and related uncertainties in the U.S.
and abroad on the company's customers and prospects and their IT
spending budgets and priorities; variations in the size and timing
of customer orders and demand for software offered by webMethods;
the impact of rapid technological change; and these and other risks
and uncertainties discussed more fully in webMethods' SEC filings,
including those discussed in the "Risk Factors" section of
webMethods' Form 10-K for the year ended March 31, 2006, which is
on file with the U.S. Securities and Exchange Commission and may be
accessed at http://www.sec.gov/ or webMethods' investor relations
web page at http://www.webmethods.com/investors. webMethods
disclaims any obligation to update or correct any forward-looking
statements made herein due to the occurrence of events after the
issuance of this press release. DATASOURCE: webMethods, Inc.
CONTACT: Investors: Christopher Martin, +1-703-460-6609, , Media:
John Conley, +1-703-460-5996, , or Industry Analysts: Alexis
Carena, +1-703-460-6611, , all of webMethods, Inc. Web site:
http://www.webmethods.com/
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