Creating a new one billion Euro superpower, Software AG agrees to acquire IDS Scheer, makers of the popular ARIS suite of Business Process and Business Analysis tools.
IDS Scheer represents 390M Euro of annual revenue. Combined this will result in about 1.1B Euro
After the acquisition of webMethods for $546M in April of 2007, many have speculated on the next steps in the growth aspirations of Software AG CEO Karl-Heinz Streibich–who is currently executing his aggressive 10 year plan...