 | IBM to buy Informix
April 25, 2001 4:1 PM GMT
Rating: 4.2 / 5 (13 Votes)
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IBM is set to take the lead in the database business with its bid to buy Informix for $1 Billion in cash.
IBM will become number one by combining its 400,000 database customers with Informix's 100,000 database customers to capture a total market share of 34 percent of the market. Oracle, now number one, will drop to number two with presently 31 percent of the database market.
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