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October 30, 1995

INFORMIX TO PAY $16m IN SHARES FOR STANFORD TECHNOLOGY

By CBR Staff Writer

Informix Software Inc has been out on one of its rare shopping trips and returned with an agreement to acquire on-line analytical processing outfit, Stanford Technology Group Inc for 570,000 new shares, valuing the company at some $15.8m or so. Menlo Park, California-based Informix, which has had a relationship with Stanford since the begining of the year, says it plans to integrate Stanford’s MetaCube decision support software with its own Informix DSA architecture to provide a multidimensional view of relational data. MetaCube is perhaps the most visible of product offerings that provide multidimensional views of relational data – others include products from MicroStrategy Inc, Vienna, Vancouver and Information Advantage Inc, Edina, Minnesota – with the engine running on a NT server connecting to HP-UX, Solaris, Dynix/ptx, and AIX/6000 agents and supporting Oracle, Tandem Computers Inc, DB2, as well as Informix databases. Stanford Technology, based in San Francisco, California was founded in 1993 by bunch of ex-Oracle people and has 14 staff. The company will remain a seperate entity, reporting to the Informix board.

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