SilverStream Software has acquired Excelnet Systems, a UK-based e-business services company. The addition of Excelnet will expand SilverStream’s ability to meet worldwide demand for comprehensive e-business solutions generated by the availability of the SilverStream eBusiness Platform.

Founded in 1997, Excelnet Systems delivers Web-based business solutions to blue chip corporate organizations through the provision of quality software products, training, applications development, and consultancy services. The company is one of the UK’s largest providers of SilverStream software and services.

“SilverStream is pleased to expand its global e-business services through the acquisition of Excelnet,” said Dave Litwack, president and CEO of SilverStream Software. “The Excelnet team has been working with some of SilverStream’s most strategic customers in Europe for the past several years and has delivered a number of key e-business projects. We believe they will be a strong addition to our company.”