IONA acquires LogicBlaze

Finally it’s public, IONA has acquired LogicBlaze, one of SimulaLabs portfolio companies (the company I work for), with whom I was sharing offices all this time. Congratulations!

From Debbie’s blog:

I am so excited that the news became public today about IONA’s acquisition of LogicBlaze. Celtix already incorporates ServiceMix and ActiveMQ as part of our open source ESB, and this acquisition brings deep domain expertise on these opensource projects. As many of you know, I personally have worked very closely with the LogicBlaze team over the past year, and I believe that this acquisition will accelerate the adoption of open source SOA infrastructure.

The announcement and FAQs are available on the IONA Celtix site.

Here are some of the highlights:

– the transaction closed last Friday, April 6th, and the terms of the transaction were not disclosed

– LogicBlaze provides business integration solutions based on Open Source technologies. The company was founded by integration architects with extensive experience as leaders in OpenSource projects for integration, messaging, and enterprise servicebus technologies.

– LogicBlaze is most well-known for their leadership and contributions to the Apache ActiveMQ and Apache Incubator ServiceMix projects.

– all of the 9 LogicBlaze employees will join IONA, including the three founders, Hiram Chirino, Rob Davies, and James Strachan

– Approximately 25 active LogicBlaze customers will become IONA customers as part of the acquisition

– LogicBlaze’s customers include leaders infinancial services, government, and telecommunications industries. This is consistent and closely aligned with IONA’s existing customer base

– IONA will continue marketing and selling theservice subscription offerings for the ActiveMQ and ServiceMix projects for which the company is known and respected. IONA also incorporates code from ActiveMQ in Artix and code from both ActiveMQ and ServiceMix in Celtix.

– LogicBlaze has a subscription support and training and consulting revenue model that is similar to IONA’s opensource revenue model

– the key assets as a result of this acquisitionare: respected Open Source experts and leaders in the Open Source community (the people of LogicBlaze),  intellectual property, and existing customers that have adopted Open Source technologies to support their SOA deployments.

– LogicBlaze will not operate as a separate company, but will become an integral part of IONA’s Open Source business.

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