Almost nothing remains of Software AG

Management of Software GmbH, which will continue to act as the holding company for ARIS, Adabas & Natural (A&N) and the central functions of the Software AG group, has been transferred by financial investor Silver Lake Partners to Martin Biegel, Martin Klemm, Robin Coleman and Toktam Khatibzadeh with immediate effect .

Important contributions to development and decline

In his role as head of the company, Brahmavar has a controversial reputation, but Silver Lake is not entirely innocent of this. Assuming the position of General Director in August 2018Brahmavar was instrumental in transforming Software AG from a legacy software company to a modern subscription company and SaaS business focused on continued revenue growth. He also led the acquisition of StreamSets, combining it with webMethods into a single AI-powered platform. Super iPaaS.

However, at the same time, he also played a leading role in the subsequent sale of the company, led by Silver Lake Partners. While Software AG was hoping for support for its growth plans when a financial investor came in, the opposite ultimately happened: Following the completion of the takeover, investors, with the help of Brahmawar, sold IBM’s newly created integration business for €2.13 billion. The CEO was also instrumental in the spin-off and sale of TrendMiner, Cumulocity and Alfabet.