The Waiting is Over for Informix, IBM
Informix Corp. and IBM have received early termination of the Hart-Scott-Rodino waiting period regarding IBM's acquisition of Informix's database business. As announced on April 24, 2001, Informix and IBM have entered into a definitive agreement under which IBM will acquire the assets of Informix Software, Informix's database business, for cash consideration of $1 billion. The acquisition is expected to close in the third quarter of 2001.
For more information, visit www.ibm.com (new window) or www.informix.com (new window).