ILOG was an international software company purchased and incorporated
Founded in 1987 in
Through its acquisition of
CPLEX Optimization Inc. in 1997, ILOG
became the owner of the
CPLEX mathematical programming software, and
ILOG's acquisition of
LogicTools in 2007 made
ILOG the owner of a line
of supply chain applications. The
CPLEX and other tools also had some
minor rebranding under the
* 1 Products * 2 Company * 3 History * 4 Recent developments * 5 Customers * 6 References * 7 External links
ILOG's main products:
ILOG was an international software company. It developed, marketed, sold and supported BRMS, optimization and visualization software components, as well as supply chain applications. ILOG had business locations in nine countries, but it had two principal locations incorporated into IBM:
The name ILOG is an abbreviation of the combination of two French words: "Intelligence" and "Logiciel". These words can be translated as "Intelligent Software."
ILOG began licensing software components to companies
developing software applications. These customers licensed the
components in order to add new functionality to their software
applications. The software components were initially developed in the
LISP programming language, and transitioned to
ILOG introduced two new products in 1993: ILOG Views and ILOG Solver. ILOG customers use them to make visualization interfaces (Views) and resources allocation applications (Solver). Until 1995, ILOG sales were concentrated in Europe, particularly in France. In 1995, the company started to expand globally by establishing a major sales presence in the United States and Asia.
In 1997 Apr 19, it acquired CPLEX Optimization, Inc. (CPLEX), located in Incline Village, Nevada, which provided linear-based optimization software products for the supply chain industry. In the late 1990s, ILOG started to introduce Java versions of its products to follow once again the software industry’s technical evolution. It also introduced a business rule management system (BRMS) product in 1996, which gives software engineers the ability to better manage the rules operating their applications. The financial services sector has been the primary market for ILOG's BRMS products, for use in developing, for example, online trading or credit decision making applications. ILOG's BRMS product line is currently the company's largest product line.
Until ILOG's initial public offering in 1997 on the NASDAQ National Market (which subsequently became the Nasdaq Stock Market on August 1, 2006), ILOG was financed through a combination of retained earnings, venture capital funding and interest free loans from French government agencies and the European Union. This initial public offering enabled ILOG to acquire CPLEX.
In 1998, SAP A.G. invested in ILOG. The financing from SAP was part
of the partnership that has made SAP ILOG's biggest customer every
year to date. This partnership, along with others, made
ILOG a player
in the supply chain management market. In 1998,
ILOG listed on the
Nouveau Marché of Euronext
On October 26, 2006, ILOG acquired 35% of the capital and voting rights of the Chinese company Shanghai FirstTech Co., Ltd. (FirstTech). FirstTech is a systems integrator that develops and markets manufacturing and insurance solutions in the Chinese market.
On November 20, 2006, ILOG acquired one-third of the capital and voting rights of Prima Solutions (Prima), a Paris-based supplier of software platforms for the insurance sector.
On April 11, 2007, ILOG completed the acquisition of LogicTools , a Chicago-based provider of supply chain planning applications specializing in network design and inventory optimization . LogicTools’ applications are based on the ILOG CPLEX optimization product.