American technology giant IBM on Wednesday announced its plan to acquire Israeli company EZSource, which maps enterprise software apps. EZSource’s mapping helps developers change mainframe code easily and quickly, based on the data appearing on the dashboard and other frontal tools. The deal is slated to close in the second quarter of this year, subject to meeting regulatory conditions and the usual requirements for closing a deal. EZSource will be the 14th Israeli company acquired by IBM in the past 15 years.
Reducing an enterprise’s applications management costs
EZSource provides a visual dashboard for developers showing them which apps have been changed. The dashboard makes it easier to adapt apps to the new era and utilize development resources more efficiently. The EZSource suite substantially reduces the cost of managing an organization’s apps, upgrades the speed of developing and maintaining them, makes the resulting products better and more flexible, and lowers the risk incurred in the development and maintenance of apps.
IBM’s acquisition of EZSource will help IBM customers find ways of renewing and modernizing the apps operating on the system constituting the backbone of the global economy. EZSource’s ability to map and analyze app components and their interdependence complements IBM’s capabilities in the field of digital change, APIs, hybrid cloud, and DevOps aimed at expediting and planning the change with fewer disruptions and disturbances. The company’s technologies, such as IBM z/OS Connect and IBM API Connect, combined with EZSource’s technologies, can help connect services from core apps to the new mobile, social media, and cognitive computing environments.
CEO Eran Tirer and CTO Omer Caspi founded EZSource in 2003, and Reuven Agassi chairs its board of directors. The company has offices in Israel, the UK, the U.S., Switzerland, Japan, and Romania. It has over 40 customers worldwide using its products, including Maybank, ING Life, and 7-Eleven.
In response to the acquisition, IBM z Systems general manager Ross A. Mauri commented, “The mainframe is the backbone of today’s businesses. As clients drive their digital transformation, they are seeking the innovation and business value from new applications while leveraging their existing assets and processes.” He added, “By adding EZSource’s technology to our enterprise DevOps and API management offerings, we are making it easier and faster for developers to modernize key applications that previously were manually intensive and many times required specialized skills.”
Commenting on the report, Tirer stated, “IBM’s long-term commitment to delivering enterprise infrastructure solutions has underpinned our success over the past decade in helping mainframe users generate more value from their applications,” and continued, “Our focused technology combined with IBM’s global reach will help more clients than ever optimize the value of their enterprise systems.”
EZSource is IBM’s 14th acquisition in Israel and its first in three years. Previous IBM acquisitions in Israel included Ubique in 2001, XIV in 2008, Storwize in 2010, and Trusteer in 2013.