Feeds

IBM buys Ascential

Last bit of Informix gets eaten...

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

IBM is paying over one billion dollars for data specialist Ascential Software Corp. Readers with long memories may recall that Ascential was born out of IBM's acquisition of Informix back in 2001.

IBM will pay $1.1bn for Ascential, or $18.50 per share, substantially more than the $15.85 Ascential shares closed at on Friday. Ascential Software helps big companies deal with integrating and managing large amounts of information.

Ascential will operate as a business unit within the Information Management division, headed by Janet Perna. Ascential's products will be included with IBM's other Information Management and Software Group offerings.

Analyst house IDC predicts worldwide spending on data integration to increase from $9.3bn in 2003 to $13.6bn in 2008. Ascential saw turnover increase 46 per cent in 2004 to $272m.

The deal is subject to the usual regulator and shareholder approval but should close in the second quarter 2005.

IBM bought Informix's database business in February 2001 for $1bn in cash but did not take on Ascential. ®

Related stories

Why IBM needs ETL
PeopleSoft switches from Informatica to Ascential
IBM buys Informix for $1bn

Boost IT visibility and business value

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
XBOX One will learn to play media from USB and DLNA sources
Hang on? Aren't those file formats you hardly ever see outside torrents?
Class war! Wikipedia's workers revolt again
Bourgeois paper-shufflers have 'suspended democracy', sniff unpaid proles
'Aaaah FFS, 'amazeballs' has made it into the OXFORD DICTIONARY'
Plus: 'EE, how shocking, ANOTHER problem I face with your service'
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.