Software AG continues portfolio clean-up, requests bids for Cumulocity and Trend Miner

Software AG continues portfolio clean-up, requests bids for Cumulocity and Trend Miner

Software AG wants to sell its Cumulocity and Trend Miner platforms for IoT management and data analytics. The Alphabet platform might also be sold to an interested party.

Software AG is cleaning up its current portfolio considerably. It already recently sold its proprietary DataOps and ingestion platform StreamSets and its integration and API management platform for cloud environments WebMethods to IBM for an undisclosed billion-dollar sum.

Now it is the turn of the Cumulocity and TrendMinder offerings to change hands. According to Handelsblatt, Software AG recently put these two products on sale.

Third platform also in possible sale

Software AG’s Cumulocity platform can be used to manage IoT environments. The Trend Miner platform is a data analytics platform for industrial environments.

The software specialist has invited potentially interested companies to make an offer. It’s not yet known who these will be.

In addition to selling the two platforms, Software AG is also considering a third product, according to Handelsblatt’s sources: the Alphabet software. This software offers tools for visualizing enterprise architectures.

Drastic portfolio reorganization

The sale of all software components and platforms drastically streamlines Software AG’s portfolio. Basically, this leaves only the database platform Adabas & Natural and the business process analysis and management tool ARIS.

The reorganization of the Software AG portfolio may have to do with the acquisition of the software specialist for 2.2 billion euros by the private investment company Silver Lake in the summer of 2023. Perhaps it wants to get itself ready for another sale.

Also read: IBM acquires Software AG’s integration platforms