Software application AG diminishes with sale of Alfabet and Cumulocity
Software AG, Germany's second company software application business, after SAP, has actually revealed the current turn in its shrinking under the umbrella of personal equity group Silver Lake
By
Brian McKenna, Enterprise Applications Editor
Released: 08 Jan 2025 15:30
The Software AG group began the brand-new year with a variety of modifications, revealing the close of the sale of its Alfabet business architecture and tactical portfolio management item and of its IoT platform Cumulocity, the departure of CEO Sanjay Brahmawar, and the relaunch of its Adabas & & Natural [A&N] and Aris item sets as standalone companies.
The identity of the purchasers of Alfabet and Cu...