IBM has bought portal developer Bowstreet for an undisclosed sum.
Bowstreet's technology helps companies easily combine applications, documents, databases and other enterprise information into an integrated portal application.
Its technology will let IBM customers make custom and integrated portals swiftly, the company said. Over the last three years, more than 100 customers have used Bowstreet technology with IBM Rational software to build portal applications and those users found they could build the applications faster than when using other portlet tools, IBM said in a statement. A speedy development process can reduce costs and produce business benefits quicker.
"Companies are looking for new ways to combine their various silos of information and applications into a single view that can help them make better business decisions, reduce costs and improve time-to-value," said Mike Rhodin, general manager of IBM's workplace, portal and collaboration business. "We believe the combination of Bowstreet, Rational and IBM WebSphere Portal offer the best in market capability for building and running composite applications."
Bowstreet CEO Michael George said: "As organisations have to manage an increasing amount of information on multiple and disparate systems, the combination of Bowstreet and WebSphere Portal can make it easier for them to take business information from a variety of sources and quickly assemble composite portal solutions."
The acquisition will contribute to IBM's strategy around service oriented architectures. Bowstreet's technology will be used by IBM customers within their IBM WebSphere Portal environments.