IBM (Quote) today announced that it has entered into an agreement
to acquire real-time data-integration software vendor DataMirror.
Under the publicly disclosed terms of the deal, IBM will pay approximately
US$161 million to acquire all outstanding DataMirror common shares
at a price of approximately US$25.78 per common share payable in cash. DataMirror is listed on the Toronto Stock Exchange. The deal is expected to
close after a special meeting of shareholders scheduled for Aug.
24 and is subject to regulatory approvals.
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