IBM buying Israeli startup Worklight for $95m

01.02.2012                      08.Schwat. 5772

Wirtschaft:

IBM buying Israeli startup Worklight for $95m

Worklight's technology enables application programmers to create, in one single process, an application that will work with a range of devices without having to rewrite the application for each platform.

IBM announced its 11th acquisition in Israel yesterday: the privately-held startup Worklight, which has developed software for smartphone and tablet computer applications.
Industry sources believe IBM has agreed to pay about $95 million for Worklight, though the American company did not disclose the terms of the deal. Worklight has raised $21 million from backers so far….