[GENERAL] Informix split in two

[Bruce Momjian]

Seems Informix is having more troubles.

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Title: News & Features Story | Informix Splits Into 2 Separate Companies

Search  Advanced Search  |   Contacts News & Features | Resources/Research | Careers | Communities | Subscriptions | Media Center Headlines | Biz Stories | Tech Stories | Emerging Companies | QuickStudy | Columnists | This Week in Print | CW Minute News & Features NEWS Latest Headlines • Browse by Date • Browse by Topic Business Headlines Tech Headlines This Week in Print CW Audio Minute FEATURES Field Report Emerging Companies Quickstudies Executive Technology OPINIONS CW Columnists Forums Shark Tank PUBLICATIONS Supplements White Papers Surveys & Reports Informix Splits Into 2 Separate Companies By DAN VERTON (September 25, 2000) Hit by weak sales that are expected to result in a third-quarter loss, Menlo Park, Calif.-based Informix Corp. last week announced that it's splitting into two separate operating companies - one focused on its flagship databases and the other on Web publishing, e-commerce and business intelligence software that will work with multiple databases. The breakup follows Informix's March acquisition of Ardent Software Inc., a data warehousing vendor in Westboro, Mass. The as-yet-unnamed business intelligence and e-commerce venture will be headquartered at Ardent's facility, while the database company - to be called Informix Software - will be based in Silicon Valley. Informix previously said it would have 3,900 to 4,000 employees after last month's layoffs and the planned hirings of some new sales and support workers. Last week, the company said the two separate companies will have a combined workforce of about 3,400 people. In addition, the company warned that it expects to report a third-quarter operating loss of $15 million to $24 million, which will be widened by restructuring charges and other one-time expenses totaling as much as $90 million. Meanwhile, the Informix Software database operation will try to breathe new life into the company's core database technology. The database company, which expects revenue of $780 million to $800 million this year and will start out with 2,300 employees, is expected to be run by Jim Foy, another former Ardent executive who was named a senior vice president at Informix last month. In an attempt to revitalize its database sales, Foy said, Informix has a new technical architecture on the drawing board, after having recently completed a detailed analysis of its existing technology. One More Chance Consulting firm AMR Research Inc. in Boston described Informix's breakup move as "a last-ditch effort to reinvigorate" the company's database business. The move may have come too late to help Informix take back much database market share from Oracle Corp. and other rivals, AMR said. But, the company added, the new management team from the Ardent side of the company "is showing it can make tough decisions and is ready to fight." Other recent stories by Dan Verton Send feedback Printer friendly E-mail this page Request a reprint ADVERTISEMENT MORE ON THIS TOPIC Orbitz CEO: Late entry forces airline-backed ticketing site to spend big CMGI reports loss but beats fourth-quarter expectations Survey: More than half of U.S. adults without Internet access don't want it White House launches new federal government Web site Transportation official sees no collusion in Orbitz plans Traditional and upstart travel-booking systems face off They may not steal your privacy, but they sure want to kill it Intel issues third-quarter earnings warning BroadVision to launch MarketMaker software for online exchanges ICANN prepping for online election of at-large directors

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