Sparxent, Inc., an IT and business solution provider focused on medium-sized companies, announced it signed a letter of intent to acquire XAware, Inc., a commercial open source company focused on developing real-time data integration solutions.
XAware solutions avoid the need to create custom code when building data services, thereby reducing the time required to aggregate and integrate data from multiple sources. Using service-oriented architecture (SOA), XAware offers bi-directional, real-time data access to service-enable data for Web 2.0 and other integration services. XAware solutions are built on open source, offering both a low cost of entry and a high level of integration with existing legacy systems, making the XAware solution attractive to medium-sized companies.
"We are seeing a fundamental shift in today's complex IT environment whereby mission critical integration needs to occur at the data level, not only the application level," says Tim Harvey, chief executive officer of XAware, in the announcement which appears on the XAware website. "Our sole focus has been reducing the time and expense our customers expend integrating new applications and data sources into their environment so they can quickly realize the benefits of new IT services. We believe this mission is highly complementary to the Sparxent vision for its mid-market customers."
Exact terms of the transaction were not disclosed. For more about Sparxent, go here. For more about XAware, go here.