Paul Krill
Editor at Large

Pervasive buying Data Junction

news
Aug 11, 20031 min

Database, integration vendors combine

Embedded database vendor Pervasive Software  plans to acquire Data Junction, a data and application company, for approximately $51.7 million in cash and stock, Pervasive said on Monday.

Through the acquisition, Pervasive gets access to data integration and transformation technologies to complement Pervasive’s data management offerings. Data Junction’s primary products include Data Junction Integration Studio, which features a set of visual design tools for building and testing data integration processes that work with numerous data formats and applications, Pervasive said.

Following the completion of the acquisition, Pervasive will continue to focus on data management solutions offering performance, reliability, and low total cost of ownership, the company said. The combined vendor will serve more than 35,000 customers in 150 countries. Pervasive sells the Pervasive.SQL database.

Pervasive will pay out $22.1 million in cash and 5 million shares of Pervasive common stock, priced at $5.91 each, on Aug. 8. Boards of directors of companies have approved the acquisition, which is now subject to approvals of shareholders of the two vendors. Votes are expected this fall.

Data Junction will become a wholly owned subsidiary of Pervasive.

Paul Krill

Paul Krill is editor at large at InfoWorld. Paul has been covering computer technology as a news and feature reporter for more than 35 years, including 30 years at InfoWorld. He has specialized in coverage of software development tools and technologies since the 1990s, and he continues to lead InfoWorld’s news coverage of software development platforms including Java and .NET and programming languages including JavaScript, TypeScript, PHP, Python, Ruby, Rust, and Go. Long trusted as a reporter who prioritizes accuracy, integrity, and the best interests of readers, Paul is sought out by technology companies and industry organizations who want to reach InfoWorld’s audience of software developers and other information technology professionals. Paul has won a “Best Technology News Coverage” award from IDG.

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