IBM inherits federal users with its purchase of Informix Corp.

IBM inherits federal users with its purchase of Informix Corp.

IBM Corp. last month acquired Informix Software of Westborough, Mass., the database management and data warehousing division of Informix Corp. of Menlo Park, Calif., for $1 billion in cash.

IBM cited as one reason for the acquisition its federal customers' deadline for storing data digitally by October 2002, set by the 1998
Government Paperwork Elimination Act.

'Customers are aggressively investing in data management software,' IBM president and chief operating officer Sam Palmisano said in a statement.

It is unclear how IBM will integrate the Informix software into its own DB2 database products.

'Dipka Bhambhani

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