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IBM India to benefit from Rational acquisition

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CIOL Bureau
New Update

BANGALORE: In India Rational Software have offices across 6 locations including the metro cities. According to IDC, Rational had a share of 55% in the Application tools market in India. M K Bharatee, who previously was heading Rational's business in India, is the Country Manager of the new division.

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"By adding Rational to our team, we gain not only industry-leading application development software but also a group of highly-skilled people," said Frank Luksic Country Executive, Software Group & Developer Relations, IBM India.

"Having people with the skills to support our customers' requirements as they move into new areas of e-business is critical for us as we continue our growth in India"

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Rational is an important element of our e-business on demand initiative," said Steve Mills, IBM senior vice president and group executive, IBM Software Group. "Rational’s complete, open software development platform can improve the speed, quality and predictability of software projects. It’s a perfect complement to our existing four brands — WebSphere, DB2, Lotus and Tivoli."

Rational shareholders approved the acquisition on Jan. 22, 2003, and the required worldwide government regulatory approval process has been completed. Rational, with customers in 89 countries and more than 3,400 employees, estimates that more than 600,000 software developers use its software tools. Rational operates in 10 countries in Asia and has more than 350 employees.

IDC estimates the market opportunity for application development software will grow from $9 billion in 2002 to $15 billion in 2006.

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