London, United Kingdom. â May 19 2005 â webMethods, Inc. (Nasdaq: WEBM), a leading business integration and optimization software company, today announced the signing of an extension to its agreement with Oracle. Under the terms of the contract, Oracle will have ongoing distribution rights through 2008 to the webMethods Integration Server, a key component of the webMethods Fabricâ¢ product suite. Oracle can continue to distribute the webMethods Integration Server as part of the JD Edwards Web Services Gateway.
"We are very pleased to continue and extend our partnership with Oracle to provide our leading integration solution for its JD Edwards customers," said David Mitchell, president and CEO, webMethods, Inc. "By leveraging our proven technology in the JD Edwards solution, Oracle is able to offer robust integration capabilities that allow its customers to take full advantage of the JD Edwardsâ predefined business processes."
"Oracle is committed to the JD Edwards customer base and standards-based interoperability via Web services. Todayâs announcement with webMethods certainly underscores that commitment," said Jose Lazares, director product strategy, Process and Integration, Oracle. "JD Edwards has enjoyed a long relationship with webMethods. Continuing this relationship with a renewed focus on standards-based interoperability is an important part of demonstrating our commitment to our JD Edwards customers."
webMethods first entered into an OEM licensing agreement with JD Edwards in 2000. In 2004, after acquiring JD Edwards, PeopleSoft renewed the agreement and business relationship with webMethods. With this announcement, Oracle extends its OEM rights to webMethodsâ technology until 2008.
The webMethods Integration Server is a foundational component of webMethods Fabric, a unified business integration and optimisation platform that integrates, assembles and optimizes business processes. webMethods Fabric enables customers to leverage their existing IT assets and gain unprecedented visibility into their business processes to increase business process productivity.