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#News(Startup) [ via IoTForIndiaGroup ]
Germany’s Software AG has acquired Built.io, a San Francisco-based integration Platform as a a Service (iPaaS) company. Founded by serial entrepreneurs Nishant Patel, Neha Sampat and Matthew Baier, software vendor Built.io introduced its iPaaS offering, Built.io Flow in 2015.
It has subsequently been named a Challenger in Gartner’s 2018 “Magic Quadrant for Enterprise Integration Platform as a Service” and was named a Cool Vendor in the report “Cool Vendors in Pervasive Integration, 2016”. Built.io’s Flow and Embed products will come together as a single integrated offering with Software AG’s globally recognised web Methods Integration platform. Customers will benefit from easy-to-use and robust integration solutions leading to significantly accelerated time-to-value, critical to the success of IoT and digital transformation solutions.“The unified vision guiding Built.io Flow was to make it faster and easier to connect any software, system or device,” said Nishant Patel, chief executive officer of Built.io. “Built.io Flow uses a modern architecture to democratise integration and embed it into any product or SaaS service.”
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