View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
June 2, 1997updated 05 Sep 2016 1:07pm


By CBR Staff Writer

Rational Software Corp’s acquisition of Pure Atria Corp is likely to lead to lay offs, say sources. Overlaps in engineering, marketing and finance mean that reductions in the combined workforce is inevitable, according to insiders, though no Rational official was available for comment at their Santa Clara, California HQ. The acquisition is due to be completed by August with delivery of integrated products planned by the year-end. It can only be delayed by the Department of Justice or shareholders – but there is a powerful incentive for the deal to be approved. The acquisition agreement states that any side pulling out must pay $18m to the other the next day. Once the deal gets the go ahead, Pure Atria will become Rational Software immediately.

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.