IBM said on Wednesday it will acquire EZ Legacy (EZSource), an Israel-based application discovery company, to help developers quickly and easily understand and change mainframe code based on data displayed on a dashboard.
Financial terms of the deal were not released.
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Today’s applications can be made up of millions of lines of code, and to update this code can take days or weeks. EZSource provides a visual dashboard to quickly and easily show developers which applications have changed to ease the process of modernizing applications, exposing APIs and more efficiently leveraging development resources.
EZSource was founded by CEO Eran Tirer and CTO Omer Caspi in 2003. It is a leader in enterprise application understanding and management with offices in Israel, UK, US, Switzerland, Japan and Romania. EZSource says it has more than 40 clients worldwide including ING Life, Maybank and 7-Eleven.
“IBM’s long-term commitment to delivering enterprise infrastructure solutions has underpinned our success over the past decade in helping mainframe users generate more value from their applications, ” said Eran Tirer, CEO, EZSource. “Our focused technology combined with IBM’s global reach will help more clients than ever optimize the value of their enterprise systems.”
“By adding EZSource’s technology to our enterprise DevOps and API management offerings, we are making it easier and faster for developers to modernize key applications that previously were manually intensive and many times required specialized skills, ” said Ross A. Mauri, general manager, IBM z Systems.
The planned acquisition is expected to close in the second quarter of 2016 subject to completion of governmental review and customary closing conditions.
IBM has made 13 other acquisitions of Israeli companies. IBM’s last acquisition in Israel was Trusteer in 2013, for $600 million.