September 28, 2010

Evidently IBM bought Cast Iron Systems for $190 million

Sequoia told TechCrunch that Cast Iron Systems was acquired for $190 million. That’s a much more successful exit than I thought.

Categories: Cast Iron Systems, Data integration and middleware, EAI, EII, ETL, ELT, ETLT, IBM and DB2 
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Comments

2 Responses to “Evidently IBM bought Cast Iron Systems for $190 million”

  1. Ajay Ohri on September 28th, 2010 3:39 pm

    its a more success exit than techcrunch did to aol

  2. Warren Davidson on October 7th, 2010 12:17 pm

    Wow, I didn’t know the number but that’s certainly better than I thought. I had coffee with the original two founders one day talking about this idea they had. They originally called it IronHide, which I thought was a pretty fun name. The founders were very bright guys, and the early days they had a great team, lot’s of ‘start-up’ fun and energy. But it was a tough slog, selling integration wasn’t easy. It’s a great payoff for the that original team!

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