IBM Acquisition Bolsters Rational

By Darryl K. Taft  |  Posted 2004-10-12 Print this article Print

IBM's purchase of project portfolio management software maker Systemcorp is aimed at beefing up its Rational tools division.

In a move aimed at beefing up its Rational tools division, IBM announced on Tuesday that it has signed a definitive agreement to acquire Systemcorp ALG Ltd., a Montreal-based project portfolio management software company. The companies did not disclose terms of the deal, although the acquisition is expected to be completed within 30 days and Systemcorps products are expected to be available from IBM about 30 days after completion of the deal.
IBMs Steve Mills speaks out about the integration of Rational into IBM. Read the interview.
IBM officials said Rational will integrate the Systemcorp software into the IBM Software Development Platform, the companys suite of tools for building enterprise applications. Systemcorp produces PMOffice, a Web-based project management product for tracking project deliverables from start to finish. In addition, IBM said its IBM Global Services division will make use of the technology as well as help to tailor it for use in the IBM tool set. Check out eWEEK.coms Developer & Web Services Center for the latest news, reviews and analysis in programming environments and developer tools.

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Darryl K. Taft covers the development tools and developer-related issues beat from his office in Baltimore. He has more than 10 years of experience in the business and is always looking for the next scoop. Taft is a member of the Association for Computing Machinery (ACM) and was named 'one of the most active middleware reporters in the world' by The Middleware Co. He also has his own card in the 'Who's Who in Enterprise Java' deck.

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