Founded in 1969, Software AG is an enterprise software company with over 10,000 enterprise customers in over 70 countries. The company is the second largest software vendor in Germany, the seventh largest in Europe and among the top 25 globally. Software AG is traded on the Frankfurt Stock Exchange under the symbol “SOW” and part of the technology index TecDAX.HistoryThe company was founded in 1969 by a group of six young employees at the consulting firm AIV . ADABAS was launched in 1971 as a high performance transactional database management system. In 1979 Natural, a 4GL application development language, was launched. The company continued to open offices and subsidiaries in North America, Japan, UK, France, Spain, Switzerland, Austria, Belgium and Saudi Arabia . By 1987 Software AG had around 500 employees, 12 subsidiaries in Europe and offices in more than 50 countries. In 1999 Software AG was listed on Frankfurt Stock Exchange and soon after the company released Tamino Information Server and Tamino XML Server.In January 2005, Software AG acquired Sabratec Ltd, a privately held legacy integration vendor headquartered in Israel. This was followed-up by the acquisition of its Israeli distributor SPL software in March 2007 and the application modernization business of another Israeli company, Jacada in December 2007, which formed the basis for its research and development center in Israel. The company launched Centrasite SOA Governance platform in 2006 and with the $546M acquisition of U.S. rival webMethods in 2007 Software AG became one of the leaders in enterprise service bus, business process management and service-oriented architecture product space.