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512px-IBM_logo.svgIBM today announced it will pay an undisclosed sum to buy EZ Legacy Ltd., an Israeli company that helps developers understand and change mainframe code.

The purchase will help IT departments more easily manage mainframe code and adapt it for use in the cloud and with mobile applications, IBM said. The deal is expected to close by July 31.

EZ Legacy’s product, EZSource, displays graphics indicating changes in the millions of lines of code that make up some mainframe applications, the companies said. A full 68 percent of the world’s production IT systems still run on mainframes, which process 30 billion transactions each day, including most credit-card and banking transactions and stock trades, they said.

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But many mainframe-dependent companies — 80 percent, according to IBM — by next year will seek to implement a hybrid cloud strategy, connecting their services to new applications running on mobile devices and in the cloud, IBM said.

When used with EZSource, IBM’s API-management products will “help connect services from core applications to new mobile, cloud, social and cognitive workloads,” IBM said. “EZSource helps clients quickly understand their applications and determine which portions are suitable for exposure via APIs, thus enabling them to more easily be leveraged in the cloud.”

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