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Software AG acquires IONA

The Standard
Comments 1
This prediction is closed and has been judged.

Judgment: This is the first pure 0% prediction to have occurred on The Standard. Easy judgment, whereas this did not occur in the allotted timeframe - the community was right. -- The Industry Standard

Richard at The Server Side has it that:

"Rumor is that IONA is being acquired by another company, most likely Software AG. The interesting part is that the investment banking firm working the deal has been shopping IONA's open source group and intellectual property to competitors in the infrastructure/middleware arena."

This is a prediction that Software AG will announce an agreement to buy a majority stake (or more) in IONA. What Software AG decides to do with IONA vis-a-vis open source is outside the scope of this prediction, though certainly worth a discussion and more speculation;)

Prediction Statistics

Betting Closes:May 15 2008Current Consensus:0.47%Total Bets:41
Today's Change:
0%
Life Time High:50.00%
Life Time Low:0.43%

Comments

Rueters report from yesterday: http://www.reuters.com/article/mergersNews/idUSL2016296420080420

Based on this I'd say Software AG is likely to buy them, but not in time for this prediction.


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