Software AG, the German company specialising in Extensible Markup Language technology, will narrow the focus of its future software development to two product lines, with the aim of consolidating its research and development activities and reducing costs.
By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA.
The company will create an XML-based integration platform by combining the company's EntireX and Tamino products, allowing customers to create cost-efficient links between legacy systems.
The other product line will be enterprise transaction systems for mainframe computers. Software AG will expand its portfolio in this area, where it has two products: the Adabas database software and the Natural development tools. ItG plans to add new functionalities to the products, such as the use of web technology.
The aim is to cut costs by €10m in 2004 and about €20m each year from 2005. As part of that cost-cutting effort, technical support for EntireX and Tamino will shift from from Germany to India.
More than 3,500 large corporations and public sector organisations worldwide use Software AG's enterprise transaction systems.
John Blau writes for IDG News Service