IBM Acquires Worklight (Israeli Mobile Software Company)

IBM Acquires Worklight (Israeli Mobile Software Company)


IBM today announced a definitive agreement to acquire Worklight in a move that will help expand the enterprise mobile capabilities it offers to clients. Worklight is a privately held Israeli-based provider of mobile software for smartphones and tablets.

Worklight accelerates IBM’s comprehensive mobile portfolio, which is designed to help global corporations leverage the proliferation of all mobile devices — from laptops and smartphones to tablets. IBM has been steadily investing in this space for more than a decade, both organically and through acquisitions.

Worklight delivers mobile application management capabilities to clients across a wide range of industries including retail, financial services, technology, travel and hospitality and manufacturing.

This enables organizations to efficiently create and run HTML5, hybrid and native applications for smartphones and tablets with industry-standard technologies and tools.

Shahar Kaminitz,CEO and Founder Worklight in a letter to announce the acquisition stated: “In joining the IBM team after close, Worklight will continue to deliver on this promise with extended market reach and a broader mobile technology solution. He further added “With aggressive growth predictions across the mobile enterprise industry in 2012 and Worklight’s technical leadership, we’re excited about what lies ahead for us and our customers and partners, and look forward to thriving in our new home.”

Terms weren’t disclosed, but one report put the deal at $70 million.