Informatica Heads for E-Business
M. Reed - January 5, 2000

Event Summary

'PALO ALTO, Calif., Dec. 15 /PRNewswire/ -- Informatica Corp. (Nasdaq: INFA), the company whose software provides the infrastructure powering some of the world's most advanced business intelligence systems, today announced the acquisition of Influence Software, a leading provider of analytic applications for the e-business value chain. The combination of the two companies' products will enable Informatica to deliver the industry's first analytic solution optimized to address the multi-channel requirements of industrial-strength 'B2B' e-businesses. Informatica is acquiring Influence Software for roughly $80 million in a stock transaction...