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04/24/2001 Archived Entry: "IBM Acquires Informix Database Products for $1 Billion"

Enterprise Linux Today - IBM Acquires Informix Database Products for $1 Billion

IBM and Informix Corporation have announced that IBM will acquire the assets of Informix Software, Informix's database business, for $1 billion.

Under the terms of the deal, Informix's business operations will be integrated into IBM's data management division. IBM will continue to market and sell Informix database products, and the companies said they plan to continue providing support and updates to existing Informix customers, which include Verizon, Deutsche Telecom, Sears, and Sabre.