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February 9, 1988

INFORMIX, INNOVATIVE COMPLETE MERGER

By CBR Staff Writer

The merger of Informix Software Inc and Innovative Software Inc was completed on Monday following approval by shareholders of both companies. Innovative shareholders get three-quarters of an Informix share for each share they hold. According to Informix chairman and chief executive Roger Sippi, by integrating the office automation product technology pioneered by Innovative with the SQL-based technology of Informix, we intend to give users unprecedented levels of access to information.

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