CA Divests Open Source Ingres

November 7, 2005

[From internetnews.com]

Computer Associates (Quote, Chart) is divesting its open source enterprise database, Ingres, to venture buyout specialists Garnett & Helfrich Capital, officials announced Monday.

Ingres Corp. will take over management of the open source project and sell services and support on top of the software, a la JBoss. While CA retains its ties to the software with a board of directors chair, Garnett & Helfrich will be the majority shareholder of the company.

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