SinfullyDell 38yo Hubert, North Carolina, United States cummittedcpl2389 45yo Inland, California, United States imalwayson 44yo Looking for Men or Women Martinsburg, West Virginia, United States MsNxtdoor 35yo Looking for Men or Women Woodland Hills, California, United States

IBM just bought its 14th Israeli company since 1998

Thomson Reuters

IBM said on Wednesday it will acquire EZSource, an Israel-based application discovery company, to help developers modernize mainframe applications for digital business.

Financial terms of the deal were not disclosed.

IBM, which has made 13 other acquisitions of Israeli companies since 1998, said the planned purchase is expected to close in the second quarter subject to completion of governmental review.

It noted that applications can be made up of hundreds of thousands of lines of code and updating the code may take weeks. EZSource, it said, provides a visual dashboard to show developers which applications have changed to ease the modernization process.

EZSource was founded in 2003 and has offices in Israel, the United States, UK, Switzerland, Japan and Romania. Its clients include ING Life, Maybank and 7-Eleven.

IBM's last acquisition in Israel was Trusteer in 2013, for which it paid more than $600 million.

(Reporting by Steven Scheer)

more on Geo altCom JnE09 19yo London, Ohio, United States Kitimher 46yo Looking for Men, Women, Couples (man and woman), Couples (2 women) or Groups Saint Paul, Minnesota, United States Darlene100 34yo New York City, New York, United States justlookin285571 45yo Looking for Men Morehead City, North Carolina, United States rdyntxAGAINtke3 39yo San Antonio, Texas, United States phatwetpuss000 24yo Shaw Afb, South Carolina, United States ThatDarnCat 23yo Looking for Men Santa Barbara, California, United States HoneyB2458 24yo Looking for Men, Women, Couples (man and woman), Groups or TS/TV/TG Riverside, California, United States NicoleMorgan2424 18yo Orlando, Florida, United States subgirl213 46yo Looking for Men, Women, Couples (man and woman) or Couples (2 women) Freehold, New Jersey, United States rdyntxAGAINtke3 39yo San Antonio, Texas, United States aghub 49yo Sacramento, California, United States