Pervasive Software Inc., a global value leader in data infrastructure software, announced the completion of its acquisition of Data Junction Corporation, a pioneering data and application integration company with headquarters in Austin, Texas. Pervasive paid approximately $22.1 million in cash and 5 million shares of Pervasive common stock.
Data Junction brings important data integration and transformation technologies and products, which are highly complementary to Pervasive's existing data management products, expertise and customer base. The acquisition significantly advances Pervasive's strategy to be the global value leader in data infrastructure software, enabling businesses to capitalize on their data investments.
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