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Business |

IBM acquires Worklight

IBM announced a definitive agreement to acquire Worklight, a privately held Israeli-based provider of mobile software for smartphones and tablets. Financial terms were not disclosed.

“Our clients are under increased pressure to meet the growing demands of a workforce and customer base that now treat mobility as mission critical to their business,” said Marie Wieck, general manager, IBM application and infrastructure middleware. “With the acquisition of Worklight, IBM is well-positioned to help clients become smarter mobile enterprises reaching new markets.” "In the last year, we have seen surging demand from enterprises for mobility solutions that will support the unique set of challenges introduced by new smartphone and tablet platforms,” said Shahar Kaminitz, CEO and founder, Worklight. “Building on our existing partnership with IBM, the acquisition of Worklight further enhances IBM’s broad mobile portfolio. Now it will be easier than ever for our clients to offer secure and connected applications to their customers, business partners and employees.” The acquisition of Worklight is expected to close in 1Q12. Worklight will sit within IBM’s Software Group.

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April 15 2024 11:45 am V22.4.27-2
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