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Software AG company history timeline

2001

Software AG announces record sales of over 588 million euro for 2001.

2002

Brahmawar worked at PWC before IBM acquired it in 2002 and stayed with Big Blue -- ultimately running IBM Watson IoT before taking on the CEO role at Software AG.

2003

Software AG has a majority share in the new company.In October Karl-Heinz Streibich becomes the new CEO.The executive board is given an international focus in spring 2003 with three new regional board members.Software AG is listed on the TecDAX index at the beginning of the year.

2006

Launch of crossvision – the new suite for SOA – in February 2006.

Software AG announces Adabas 2006 and Natural 2006.

The best financial results in company history: for fiscal 2006, Software AG reports revenue growth of 10% to €483.0 million.

2009

The ranking, based on total software revenue in 2009, represents the second consecutive year in which Software AG is listed as the global market leader in SOA Governance.

2015

19, 2015 - Software AG released the webMethods Integration Platform 9.9 focusing on enhancing and expanding its hybrid cloud integration capabilities.

13, 2015 - Software AG launched Digital Marketplace – an online hub designed to help customers respond faster to the accelerating digitization of the global economy.

2016

March 14, 2016: At CeBIT 2016, Software AG presented technology that is needed for the transformation of companies into truly digital businesses – the Digital Business Platform 2.0.

2, 2016 – Software AG announced that it has acquired Zementis, Inc. with headquarters in San Diego, California.

2017

March 21, 2017 - Software AG announced the Industrial Internet - “Made in Digital Germany” initiative at CeBIT, designed to propel European manufacturing into the 21st Century and demonstrates its core Internet of Things software services.

31, 2017 Software AG announced that it is taking its partnership with robotic process automation (RPA) provider Kryon Systems to the next level with a technology license and distribution agreement.Sept.

2018

Software AG -- with $974 million in 2018 revenue and an April 19 market capitalization of $2.8 billion -- "engages in the development of information technology platforms for digital transformation.

In August 2018, 50 year old Darmstadt, Germany-based enterprise software supplier, Software AG, hired a new CEO, IBM veteran Sanjay Brahmawar.

2019

Software AG also announced that Bernd Gross will assume the position of Chief Technology Officer and Paz Macdonald will join the company as Chief Marketing Officer as of January 14, 2019.

April 23, 2019 – Software AG launched Alfabet FastLane for quick and easy IT portfolio management in the cloud.

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Founded
1969
Company founded
Headquarters
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Founders
Peter Schnell
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Software AG history FAQs

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Software AG may also be known as or be related to Software AG, Software AG Ltd., Software AG USA, Software AG USA Inc and Software Ag, Inc.