Software
AG today announced the acquisition of
Built.io, a San Francisco-based market-leading iPaaS company. Founded by
serial entrepreneurs Nishant Patel, Neha Sampat and Matthew Baier,
software vendor Built.io introduced its iPaaS offering, Built.io Flow
in 2015. It has subsequently been named a Challenger in Gartner's 2018
"Magic Quadrant for Enterprise Integration Platform as a Service" and
was named a Cool Vendor in the report "Cool Vendors in Pervasive
Integration, 2016."
Built.io's Flow and Embed products will come together as a single
integrated offering with Software AG's globally recognized webMethods
Integration Platform.
Customers will benefit from easy-to-use and robust integration solutions
leading to significantly accelerated time-to-value, critical to the
success of IoT and digital transformation solutions.
"The unified vision guiding Built.io Flow was to make it faster and
easier to connect any software, system or device," said Nishant Patel,
Chief Executive Officer of Built.io. "Built.io Flow uses a modern
architecture to democratize integration and embed it into any product or
SaaS service. I am thrilled that Software AG recognized the potential of
combining the agility of our cloud-native integration platform with its
proven webMethods platform to enable powerful enterprise integration and
digital transformation. With our leadership in cloud integration and
Software AG's leadership in digital transformation through enterprise
integration, we are jointly able to offer customers the world's most
advanced hybrid integration platform."
The acquisition opens Software AG's webMethods integration capabilities
to any Node.js developer and allows for enterprise-wide participation in
integration projects. It also opens Software AG's application and B2B
integration and API portfolios to fast-growing developer communities and
a near limitless innovation pool - as seen by participation in the
upcoming Node+JS
Interactive, the world's largest gathering of Node.js developers,
taking place in Vancouver from October 10-12.
"This is an extremely significant acquisition for Software AG to expand
its position in the growing iPaaS market and we are delighted to welcome
Built.io to the Software AG Group," said Dr. Wolfram Jost, Chief
Technology Officer at Software AG. "Cloud integration is at the heart of
digital transformation with 80 percent of the work in IoT projects
related to integration. In a world of decentralized IT architectures
based on microservices, APIs and events, integration is the core
capability enabling end-to-end processes and improving customer
experiences. Speed and flexibility in implementing integration projects
are playing an increasingly important role in business success.
Broadening developer participation within the enterprise, within
departments and within open source communities demonstrates our
commitment to fully addressing today's customer needs."
Built.io also extends Software AG's iPaaS offering to the small- and
medium-sized business market. Software AG's webMethods integration
Cloud's focus on enterprise customers is complemented by Built.io's
extensive experience in addressing the SMB market and in empowering line
of business users within the modern enterprise.
With Built.io Flow, Software AG can now also deliver industry-leading
integration via a completely embedded offering: An elegant, cloud-based
integration solution that can be easily incorporated into any SaaS
application. This enables end users to quickly integrate third party
data from over 300 sources directly into their application, providing
meaningful context and powerful insights.
Core capabilities added via Built.io include:
-
Instant integration through self-service access to Built.io Flow
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An award-winning visual integration design experience
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Tools that enable non-technical users to connect data in the context
of their integration projects