WebMethods: Difference between revisions

Revision as of 00:47, 18 November 2021

Revision as of 00:43, 22 November 2021

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'''webMethods''' was an enterprise software company, acquired by [[Software AG]], focused on application integration, business process integration and B2B partner integration. Founded in 1996, the company sold systems for organizations to use [[web service]]s to connect software applications over the Internet. In 2000, the company stock shares rose over 500% the first day it was publicly traded.<ref name="IPO NASDAQ">{{Cite news |url= http://latimesblogs.latimes.com/technology/2011/05/linkedins-109-pop-on-first-day-of-trading-isnt-close-to-dotcom-era-ipos.html |work= Los Angeles Times |author= Nathan Olivarez-Giles |title= LinkedIn's 109% pop on first day of trading isn't close to 'dotcom era' IPO jumps |date= May 19, 2011 |access-date= November 17, 2021 }}</ref>

In 2007 webMethods was acquired by [[Software AG]] for $546 million and was made a subsidiary. InBy 2010 the webMethods division ofaccounted Softwarefor AGalmost recordedhalf overof $668the millionparent incompany's revenues.<ref name="revenues">[{{Cite web |title= Software AG reports record results for fiscal year 2010 |url= http://www.softwareag.com/corporate/Press/pressreleases/20110127_Q4_Results_page.asp "Software|url-status= AGdead reports|date= recordJanuary results27, for2011 fiscal|work= yearPress 2010"]release |access-date= November 21, 2021 |archive-url= https://web.archive.org/web/20110927071622/http://www.softwareag.com/corporate/Press/pressreleases/20110127_Q4_Results_page.asp |archive-date= September 27, 2011 }}</ref> Software AG retained the webMethods name, and uses it as a brand to identify a software suite encompassing process improvement, [[service-oriented architecture]] (SOA), IT modernization and business and partner integration.

==History==

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The company was an early developer and promoter of standards for [[web service]] technologies, having worked on [[XML-RPC]], a precursor to [[SOAP]], and developed [[WIDL (Internet Standard)|Web Interface Definition Language]], a precursor to the [[Web Services Description Language]] standard.<ref name="developerworks">[http://www.ibm.com/developerworks/webservices/library/ws-soap/ "Using WDSL in SOAP Applications"]</ref>

[[Software AG]] acquired webMethods in 2007 for $546 million<ref name="acquires">[http://www.infoq.com/news/2007/04/software-ag-webmethods "SoftwareAG Acquires webMethods"]</ref> and announced that the brand webMethods will be retained, effectively making webMethods its flagship product line. WebMethods version 8.0 was released in 2009, supplemented with other Software AG products such as Centrasite, Tamino and [[EntireX]]. In 2010, the webMethods ("BPE") division of [[Software AG]], known as business processes excellence (BPE) recorded $668 million (499M499 million Euros) in revenues and was a major contributor to overall company net income of $292 million (218M Euros).<ref name="revenues" />

==Acquisitions==