IBM to Acquire Informix for $1 Billion

Posted on by Chief Marketer Staff

Computer giant IBM, based in Armonk, NY, has acquired the assets of database marketing software developer Informix Software for $1 billion in cash.

Once the acquisition is completed, IBM will integrate Informix database business operations and personnel into the existing IBM Software data management division; market and sell Informix’s database products worldwide through a combined IBM and Informix sales force.

The acquisition is expected to close in the third quarter.

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