IBM Acquires DataMirror
July 16, 2007[From internetnews.com]
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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