Software AG buys iPaaS company Built.io

Software AG announced the acquisition of Built.io, a San Francisco-based iPaaS company, for an undisclosed amount.
Software AG headquarterBuilt.io is founded by entrepreneurs Nishant Patel, Neha Sampat and Matthew Baier. The software vendor Built.io introduced its iPaaS offering, Built.io Flow in 2015. Built.io was named as a Challenger in Gartner’s 2018 Magic Quadrant for Enterprise Integration Platform as a Service (iPaaS), up from a Niche Player in the iPaaS Magic Quadrant in 2017.

Built.io’s Flow and Embed products will come together as a single integrated offering with Software AG’s webMethods Integration Platform.

Customers will benefit from robust integration solutions leading to significantly accelerated time-to-value, critical to the success of IoT and digital transformation solutions.

The acquisition opens Software AG’s webMethods integration capabilities to any Node.js developer and allows for enterprise-wide participation in integration projects. It also opens Software AG’s application and B2B integration and API portfolios to fast-growing developer communities.

“Cloud integration is at the heart of digital transformation with 80 percent of the work in IoT projects related to integration,” Wolfram Jost, chief technology officer at Software AG, said in a statement.

Built.io extends Software AG’s iPaaS offering to the small- and medium-sized business market. Software AG’s webMethods integration Cloud’s focus on enterprise customers is complemented by Built.io’s experience in addressing the SMB market.

Software AG customers will be powered by Built.io Flow in order to integrate third party data from over 300 sources directly into their application, providing meaningful context and powerful insights.