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JOINT VENTURE BETWEEN INFORMATION BUILDERS AND ADPAC

Adpac Software Ltd was launched yesterday as a joint venture company between Information Builders (UK) Ltd, the Wembley-based subsidiary of Information Builders Inc, and Adpac Corp of San Francisco, to market, maintain and support Adpac’s IBM mainframe Cobol software productivity tools in the UK: Adpac Corp contributes its products and Information Builders its sales force and accomodation in Wembley in return for royalties on sales.

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CBR Staff Writer

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