Software AG - History

History

The company was founded in 1969 by a group of six young employees at the consulting firm AIV (Institut für Angewandte Informationsverarbeitung). ADABAS was launched in 1971 as a high performance transactional database management system. In 1979 Natural, a 4GL application development language, was launched. The company continued to open offices and subsidiaries in North America (1971), Japan (1974), UK (1977), France (1983), Spain (1984), Switzerland, Austria, Belgium and Saudi Arabia (1985). By 1987 Software AG had around 500 employees, 12 subsidiaries in Europe and offices in more than 50 countries. In 1999 Software AG was listed on Frankfurt Stock Exchange, in the same year and starting next year the company released Tamino Information Server and Tamino XML Server.

The company launched Centrasite SOA Governance platform in 2006 and with $546M acquisition of U.S. rival webMethods in 2007 Software AG became one of the leaders in enterprise service bus, business process management and service-oriented architecture (SOA) product space.

In July 2009 Software AG announced a takeover offer for the Germany-based company IDS Scheer AG. Since February 2010 IDS Scheer is part of the Software AG Group. In October 2010, the company acquired New Jersey based Data Foundations, a leading master data management provider.

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