IBM Completes Acquisition of Worklight

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Feb 27, 2012, 01:00 ET

BARCELONA, Feb. 27, 2012 /PRNewswire/ -- Mobile World Congress -- IBM (NYSE: IBM) today announced it has completed the acquisition of Worklight, a privately held Israeli-based provider of mobile software for smartphones and tablets. Financial terms were not disclosed.

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On January 31, 2012, IBM announced that it had entered into a definitive agreement to acquire Worklight, an industry leader in offering clients an open platform that helps speed the delivery of existing and new mobile applications to multiple devices.

Worklight will become an important piece of IBM's mobility strategy, helping clients dramatically reduce mobile application time to market, cost and complexity. Additionally, by enabling organizations to only develop and integrate these applications once -- for any platform -- it frees up time, resources and skills to focus on other business opportunities.

Worklight accelerates IBM's comprehensive mobile portfolio, which is designed to help global corporations leverage the proliferation of mobile devices for B2C, B2E, and B2B. IBM has been steadily investing in this space for more than a decade, both organically and through acquisitions.

"The acquisition of Worklight further enhances IBM's broad mobile portfolio of software and services that deliver enterprise-grade mobility for clients -- from IT systems all the way through to mobile devices," said Marie Wieck, general manager, IBM application and infrastructure middleware. "Now it will be easier than ever for our clients to offer secure and connected applications to their customers, business partners and employees."

Worklight delivers mobile application management capabilities to clients across a wide range of industries including retail, financial services, technology, travel and hospitality and manufacturing. Their software enables organizations to efficiently create and run HTML5, hybrid and native applications for smartphones and tablets with industry-standard technologies and tools. Worklight will be integrated into IBM's WebSphere Software business.

For more information on IBM's mobile software and services portfolio visit: http://www-01.ibm.com/software/solutions/mobile-enterprise/.

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