IBM to Acquire Ascential Software: "IBM and Ascential Software Corporation today announced the two companies have entered into a definitive agreement for IBM to acquire the equity of Ascential Software, a publicly held company based in Westboro, Mass., in an all cash transaction at a price of approximately $1.1 billion or $18.50 per share. The acquisition is subject to Ascential Software shareholder and regulatory approvals and other customary closing conditions, and is expected to close in the second quarter of 2005. "
Interesting -- IBM acquires the parts of Informix it passed on when it acquired the Informix DBMS business (for $1B cash) in 2001/04. The market consolidation among IBM, Microsoft, Oracle, and SAP continues...
Update: link above broken; see http://www.ascential.com/news/pr.html/view/1107 instead
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.