Toronto, Sept. 13, 2000 DataMirror Corporation, a provider of e-business data integration and resiliency solutions, announced it has entered into an asset purchase agreement to acquire the assets and to assume certain of the liabilities of Constellar Corporation of Redwood Shores, California and its subsidiaries. The transaction is valued at approximately $15 million.
DataMirror expects to integrate Constellar Hub, a leading Oracle-based enterprise application integration tool, with DataMirror’s complete family of transformation server real-time data integration tools, to provide customers in the Oracle economy with a completely integrated end-to-end solution.
“Through the acquisition of Constellar’s technology, DataMirror will strengthen its presence in the global Oracle economy,” said Nigel Stokes, chairman, president and CEO of DataMirror. “We plan to headquarter our U.S. operations out of Constellar’s offices in Redwood Shores.”
The board of directors of both companies has approved the transaction. Subject to satisfaction of a number of other closing conditions, the transaction is expected to close in late September 2000. For more information, please visit www.constellar.com and www.datamirror.com.
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