View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 5, 1997updated 05 Sep 2016 12:45pm


By CBR Staff Writer

Informix has just failed to crack the billion dollar barrier, with the database and tools vendor finishing its fiscal 1996 with revenues of $939.3m, up 32% from 1995’s $714.2m. Net income, however, stayed essentially flat year on year, at $97.8m this year and $97.6m last full fiscal. All revenue figures have been restated to take account of Informix’s November 1995 acquisition of object-relational database vendor Illustra, a deal which completed in the first quarter of 1996 and which has been accounted for as a pooling of interests. Informix has been able to absorb a $5.9m hit for the full year as merger related costs, and was able to report profits in all four quarters, a good reflection of the generally strong financial story. In the fourth quarter Informix revenue increased 23%, from $219.4m to $270.8m, with net income declining slightly, by 4%, from 1995’s $35.9m to $34.1m in the last three months of 1996. The company finished the year with cash and investments not much greater than 1995’s $262m, at $268m. By region, Informix saw its highest increase in Europe, with a 37% jump to $369.5m, while North America increased by 30% to $392.1m, and rest of world went up 25% to $177.7m. The figures do not suggest any particularly strong sales of its much-touted Universal Server object-relational database, which only went to full availability in December. And while revenues for the combined Informix-Illustra company went up nearly a third in 1996, it has to be pointed out that this is still less than the 1995 growth rate of 51% for Informix alone. But with core database license revenues growing 48% over 1995, the figures firmly establish Informix as the company Oracle must be worrying about instead of Sybase these days.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.