Software AG USA Planning to Acquire IDS Scheer
The combination of Software AG USA and IDS Scheer will create a global vendor of infrastructure software and business process management with more than 6,000 employees and more than €1 billion ($1.39 billion) in sales, the company said.
– The U.S. subsidiary of Germany’s largest software company, Software AG, announced July 13 said it will acquire German BPM (business process management) consultant IDS Scheer for €15 per share.
Software AG USA, based in Reston, Va., said that it has already agreed to buy out IDS Scheer’s two bigg…