Metismo to Power the Mobile Enterprise for Software AG’s WebMethods Platform
BERLIN – MAY 31, 2011 – QuantumWave Capital, the leader in mobile internet investment banking, is pleased to announce that it acted as exclusive financial adviser to Metismo Ltd. on its sale to Software AG.
Headquartered in the United Kingdom, Metismo is a leader in cross-platform mobile application development. The company’s write once – run anywhere mobile application development engine converts Java source code to native source code, across development platforms, rapidly generating highly optimized applications running on all major mobile operating systems, including Android, iPhone, BREW, Windows Phone 7, and WebOS.
“The emergence of new mobile internet technologies and devices is rapidly transforming enterprise computing,” said Matt Green, Vice President of Product Management at Software AG, responsible for group mobile strategy. “The Metismo technology solves the complex issue of cross-platform mobile access to the enterprise, providing our customers and partners with a state-of-the-art solution and launch-pad for unparalleled mobile productivity.”
Software AG Chief Technology Officer, Wolfram Jost announced the transaction during his keynote at the company’s annual customer and partner event, Process World, in Berlin this afternoon, positioning the acquisition as central to the company’s mobile strategy. Terms were not disclosed.
“The mobile internet demands unprecedented innovative velocity and heightened responsiveness to rapidly evolving customer requirements,” said Fredric Hanika, Head of M&A at Software AG. “QuantumWave’s highly structured concentration on decoding mobile internet computing technologies as an asset class has informed and enabled a formidable advance of Software AG’s strategic and competitive leadership agenda.”
QuantumWave Capital is a global investment banking boutique providing highly specialized mergers and acquisitions advisory services to market leading Technology, Media and Telecoms (TMT) sector innovators focused on the mobile internet. Headquartered in Paris, with offices in New York, Palo Alto and Tel Aviv, QuantumWave is composed of a highly talented team of investment banking and technology sector experts with over $30 billion of combined transactional experience.
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Jeff Fishburn, OnPR
Phone: +1 (503) 802-4408