IBM Completes ILOG Business Events Planning Acquisition | Business 2.0 Press

IBM Completes ILOG Business Events Planning Acquisition | Business 2.0 Press: "IBM has just completed its $340 million acquisition of ILOG Inc. ILOG is a Pairs based business rules engine maker. The systems provide business intelligence and allow executives to make better decisions based on events analysis. IBM was interested in taking over ILOG as IBM felt the merger would allow businesses to process and monitor more complex events with the ILOG systems. More companies are beginning to enter the events planning space, including Oracle and Streambase."