Software AG, which is majority-owned by private equity firm
Silver Lake, is looking for interested parties for its Trend Miner and
Cumulocity platforms, according to Handelsblatt.
In addition, options are being examined for its Alfabet
software, the report said.
Trend Miner is used for data analysis for industry,
Cumulocity is a software used for the 'Internet of Things' and Alfabet helps
with the visualisation of company architecture.
Software AG was not immediately available for comment.
The German software firm earlier this month said that it had
agreed to sell its StreamSets and webMethods platforms to IBM.
Silver Lake had simultaneously announced its delisting offer
for Software AG at 32 euros ($35.34) per share, the expected next step
following its takeover this year. -Reuters
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