In a press statement in December 2009, IBM (NYSE: IBM) announced it had signed a definitive agreement to acquire Lombardi, a privately held software company based in Austin, Texas. Financial terms were not disclosed.
Lombardi, a leading provider of Business Process Management (BPM) software and services, helps organizations automate and integrate business processes to increase efficiencies and reduce costs.
The full press statement here.
While the larger BPM Vendor market seems to shrink every year with M&A activity the focus on IBM is squarely on what it intends to do with Lombardi’s product suite. Teamworks and Blueprint are very much business oriented, a far departure from IBM’s view of BPM which is firmly in the technical sphere with it’s Websphere range. Having ran with Websphere Business Modeler before it’s not an overly business friendly tool so all eyes are on whether IBM learns from Lombardi’s skills in this area and leverages it to the full.
Read our exclusive interview with Wesley Chung, a senior inside Lombardi and learn firsthand Lombardi’s vision for BPM and decide for yourself whether the IBM acquisition was a good one for the BPM industry.