WebMethods snags The Mind Electric, DataChannel

SAN FRANCISCO (10/14/2003) - Enterprise application integration supplier webMethods Inc. on Monday announced two acquisitions and the closing of another.

The company said it will acquire The Mind Electric Inc. for its Web services platform as well as DataChannel's portal technology. In so doing, the company builds out its Web services strategy and offerings.

From The Mind Electric, WebMethods gains the GLUE Web services platform for building distributed applications and the GAIA Web services fabric, which enables management of environments with multiple Web services. WebMethods said it plans to rename the products WebMethods GLUE and WebMethods Fabric, respectively.

On the portal side, the company announced that it has purchased the DataChannel Portal, which will be renamed WebMethods Portal. WebMethods also said that the portal will be Web services-enabled and will expose content, applications, and business functions.

Finally, WebMethods said that it closed the acquisition of the Dante Group Inc., from which it obtained business activity monitoring software, which has been rechristened WebMethods Optimize.

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