January 29, 2013 – Pervasive Corp. has accepted a bid from data management vendor Actian Corp., five months after an initial offer and during a period when both vendors have made efforts to repaint their portfolios.
According to statements from both vendors, Actian has agreed to purchase all of Pervasive’s outstanding shares for $9.20 a piece, with a total price tag of $161.9 million.
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