IBM Completes Acquisition of Informix Database Assets
IBM has completed its $1 billion acquisition of the database assets of Informix Corp., just ten weeks after the initial announcement in late April. The addition of Informix now doubles the size of IBM's distributed database business. As a consequence of the acquisition, Informix Corp. shareholders will rename their company Ascential Software Corp.
At sites around the world, IBM is welcoming nearly 2,500 skilled data employees from Informix to its ranks, while accelerating plans to market and sell an expanded data management product portfolio.
IBM intends to incorporate select Informix technologies into future versions of DB2 Universal Database, which will remain IBM's flagship database product. Now that the acquisition is complete, IBM intends to immediately integrate Informix database business operations and personnel into the existing IBM Software data management division led by General Manager Janet Perna. Plans also include marketing and reselling Informix's database products worldwide through a fully integrated IBM and Informix sales force, as well as maintaining existing relationships with Informix customers and business partners, including support for and updating of current Informix products.
Informix Software has been a leading provider of database management systems for data warehousing, business intelligence and transaction processing. With an installed base of more than 100,000 customers worldwide, Informix delivered high-performance database systems in retail, financial services, government, healthcare, manufacturing, media and publishing, telecommunications and other businesses. Key Informix customers include Verizon, Deutsche Telekom, Sears and Sabre.
For more information, visit www.ibm.com.