Bosch in talks to buy Red Bend Software

The talks are believed to give the Israeli company a value of $200-250 million.

German electronics giant Bosch GmbH is in talks to buy veteran Israeli company Red Bend Software. Details about the company’s valuation in the talks have not been disclosed but it is believed that the $200-250 million price tag in 2012 when Red Bend had protracted sale talks with IBM is unlikely to have changed much.

 

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