Friday, March 18, 2005

When Big Blue Goes Shopping

When Big Blue Goes Shopping: "With Ascential under IBM's wing, Informatica (INFA ) remains the only large, independent company that specializes in data-integration technology. No surprise that the Redwood City (Calif.) company's stock increased 4.66%, to $7.64, on Mar. 14. Ascential shares rose 16.4%, closing at $18.29. IBM rose 43 cents, to $91.90, on news of the acquisition.
Is Informatica in play? Whether executives there like it or not, you can count on it. Someone is sure to take a page from IBM's playbook."
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