The company will rebrand the IBM Rational Apex Ada Developer product family to' Atego ApexAda Developer
Software tools and professional services company Atego has signed an agreement with International Business Machines(IBM) to acquire the IBM Rational Apex Ada Developer product family, including the Rational Apex integrated development environment.
Under the agreement, Atego will acquire the Rational Ada Developer product line, including all products and intellectual property for undisclosed sum.
Following the acquisition, Atego will rebrand the IBM Rational Apex Ada Developer product family to' Atego ApexAda Developer' and the core IDE product 'Rational Apex' to 'Atego Apex'.
The Atego ApexAda Developer family of host and embedded development environments for Ada and mixed Ada/C/C++ applications provide a single, scalable environment for creating and deploying multiplatform UNIX and Linux Ada applications.
Atego ApexAda Developer embedded target environments combine the host environment with time-tested embedded technology for host-to-target development of real-time embedded systems.
The acquisition will see all of the IBM Rational Ada Developer employees integrated into Atego's global business operations.
Atego CEO Pierre Cesarini said Ada technology is a significant part of Atego's revenues and plays an important role in copany's strategy.
"This acquisition will add considerable breadth and depth to our solutions and services for complex and embedded Ada development, reinforcing our position in the market and boosting our potential for growth,"Cesarini said.
The transaction is expected to close on 31 July 2012.