IBM yesterday said it would pay $1 billion (€1.12 billion) to buy the database software business of Informix, which has an operation in Ireland. IBM said the acquisition would strengthen its distributed database business and bolster the company in its battle with rival software maker Oracle. Informix employs 150 people at Ballymount in Dublin, while IBM employs around 4,500 people in Ireland.
IBM to buy Informix database for $1bn
IBM yesterday said it would pay $1 billion (€1
Join The Irish Times on WhatsApp and stay up to date
Sign up to the Business Today newsletter for the latest new and commentary in your inbox
Listen to Inside Business podcast for a look at business and economics from an Irish perspective
Revamped GPO could host museum to attract Irish diaspora, says An Post chief
Summer in Dublin Airport: where to eat, what’s new and how much it will cost
China Sichuan to Go takeaway review: The aromatic duck alone is worth the trip
Who needs to make an impact on Ireland’s summer tour?
Two refreshing summer drinks in innovative packaging from Aldi
Business Today
Get the latest business news and commentary from our expert business team in your inbox every weekday morning