IBM agrees to buy CrossAccess

FRAMINGHAM (10/16/2003) - IBM Corp. this week agreed to buy CrossAccess Corp., an integration software developer whose technology IBM plans to incorporate into its DB2 Information Integrator product. Financial terms of the deal were not disclosed. IBM and CrossAccess already were working together, and CrossAccess' eXadas technology is certified for use with IBM's DB2 Information Integrator. EXadas is intended to help companies link databases stored on mainframes with modern applications, allowing access to legacy information. IBM will continue selling and supporting eXadas as it decides how best to combine the technology with its own data integration software, the company says. CrossAccess' software and personnel will become part of IBM's Data Management Software group, led by General Manager Janet Perna.

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