Telelogic
From Wikipedia, the free encyclopedia
 | |
Company type | Private (acquired by IBM) |
|---|---|
| Industry | Software services |
| Founded | 1983 |
| Headquarters | Malmö Sweden |
Area served | Worldwide |
Key people | Anders Lidbeck (President & CEO) Bo Dimert (Chairman of the Board) |
| Services | Business Process Optimization Application Lifecycle Management Model Driven Development |
| Revenue | 1,524.9 SEK million FY 2006 |
Number of employees | 1,237 (Dec 2007) |
| Parent | IBM |
| Website | http://www-01.ibm.com/software/rational/support/telelogic/ |
Telelogic AB was a software business headquartered in Malmö, Sweden. Telelogic was founded in 1983 as a research and development arm of Televerket, the Swedish Department of Telecommunications (now part of TeliaSonera). It was later acquired by IBM Rational, and exists under the IBM software group.[1]
Telelogic had operations in 22 countries and had been publicly traded since 1999. CEO and President in 2001 was Anders Lidbeck.[2] On June 11, 2007, IBM announced that it had made a cash offer to acquire Telelogic.[3][4][5] On August 29, 2007, the European Union opened an investigation[6] into the acquisition. On March 5, 2008, European regulators approved the acquisition of Telelogic by the Swedish IBM subsidiary Watchtower AB.[7] On April 28, 2008, IBM completed its purchase of Telelogic.[citation needed]
