[Search for users] [Overall Top Noters] [List of all Conferences] [Download this site]

Conference ulysse::rdb_vms_competition

Title:DEC Rdb against the World
Moderator:HERON::GODFRIND
Created:Fri Jun 12 1987
Last Modified:Thu Feb 23 1995
Last Successful Update:Fri Jun 06 1997
Number of topics:1348
Total number of notes:5438

421.0. "FYI- Informix to be taken over?" by BRICHS::BIRCH (Peter Birch, DTN 842-3297) Fri Sep 08 1989 09:58

         From Computer Weekly, 7th September 1989
         
         'Software houses are queuing up to buy US relational 
         database supplier Informix amid speculation that its 
         third-quarter results, due next month, will reveal a 
         loss.
         
         High on the list of potential buyers is Hemel Hempstead 
         (UK) based Uniplex, an office automation software house 
         which is keen to expand by takeovers as well as organic 
         growth.
         
         ...
         
         With Informix' share price down at $8, compared with over 
         $20 before its merger with Innovative Software last year, 
         Uniplex believes it will not be the only company 
         interested in buying Informix and its Turbo database.
         
         Earlier this year Informix axed 100 of its 900 US 
         workforce in a bid to cut costs.
         
         ...
         
         If the share price were to fall to $5, Informix would be 
         valued at the $35m mark, a figure which leads one 
         commentator to say 'I'd be astounded if Informix lasts as 
         it is for another 6 months'.
         
         Ken Coulter, Informix European Vice President, says he is 
         staggered that Informix may be the subject of a bid, but 
         acknowledges that the company's merger with Innovative 
         was 'much more difficult than anticipated'.
    
T.RTitleUserPersonal
Name
DateLines