SHARE
Facebook X Pinterest WhatsApp

IBM to Buy Telelogic for $745 Million

Written By
thumbnail
Darryl K. Taft
Darryl K. Taft
Jun 11, 2007

ORLANDO, Fla.—IBM plans to acquire Telelogic for about $745 million.

IBM announced the move at its Rational Software Development Conference here June 11. IBM’s Rational business unit will integrate the Telelogic line of products with its own.

Click here to read more about IBM’s interest in Watchfire.

Telelogic, with North American headquarters in Irvine, Calif., provides software development solutions, with more than 8,000 customers worldwide, primarily in the aerospace and defense, telecommunications and automotive industries. It has more than 1,100 employees and operations in 22 countries worldwide. In 2006, Telelogic reported revenues of about $208 million, including about $89 million in license revenue, representing year-to-year growth of 20 percent.

Telelogic is IBM’s most ambitious tools acquisition since the Armonk, N.Y., company acquired Rational in 2002 for $2.1 billion.

Telelogic products help organizations define, model, build, test, deliver and govern the development of software used in complex systems such as aircraft radar or a car’s anti-lock braking system. Together, IBM, Telelogic and business partners will accelerate a customer’s ability to develop high-quality complex systems, IBM officials said.

Check out eWEEK.com’s for the latest news, reviews and analysis in programming environments and developer tools.

Recommended for you...

What do Amazon, Microsoft, Meta, and IBM Have in Common? Tape Storage
Drew Robb
Aug 15, 2022
What Does Quantum Computing Mean for IT?
Devin Partida
Aug 11, 2022
Solving the Video Surveillance Retention Challenge 
Drew Robb
Jul 28, 2022
Top 6 IT Challenges in Healthcare
Lauren Hansen
Jun 21, 2022
CIO Insight Logo

CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need to maintain regulatory compliance for their teams and organizations. CIO Insight is an ideal website for IT decision makers, systems integrators and administrators, and IT managers to stay informed about emerging technologies, software developments and trends in the IT security and management industry.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.