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| | IBM to Buy Rational Software for $2.1 Billion |
 | | "Rational supports what IBM does best, which is provide infrastructure software and software tools to help our customers create a complete software development environment," said Steve Mills, IBM senior vice president and group executive, Software Group. |
 | | IBM (Quote, Chart) Friday moved to pick up its largest software acquisition since it nabbed Lotus in 1995 when it agreed to buy Cupertino, Calif.'s Rational Software (Quote, Chart) for $2.1 billion in cash. |
 | | The firm's tools also are used to build technical software, commercial software products and software for embedded devices and real-time systems, such as pagers, cell phones, medical devices, air traffic control systems and government defense systems. |
| www.internetnews.com /bus-news/article.php/1553341 (969 words) |
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