August 14, 2012 – Data management provider Actian has made an unsolicited bid of $154 million for Pervasive Software Inc.

In an open letter on the non-binding proposal, Actian CEO Steve Shine said he looked forward to “an open dialogue” with Pervasive’s board of directors on a deal that he felt would make the combined vendors a “leading player” in the BI and data integration fields.

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