PRESS INFORMIX ENTERS INTO JOINT VENTURE WITH ASCII CORP.
Posted in 1995
INFORMIX ENTERS INTO JOINT VENTURE WITH ASCII CORP. MENLO PARK, Calif., (January 11, 1995) -- Informix Corporation (NASDAQ:IFMX) today announced that a joint venture, Informix ASCII K.K., formed to acquire the database division of ASCII Corporation of Tokyo, Japan, has completed the acquisition. Formal closing ceremonies attended by senior executives of both Informix and ASCII were held today in Tokyo, Japan. As previously announced, the joint venture will be owned 90 percent by Informix and 10 percent by ASCII. Informix ASCII K.K. acquired the database division assets and software licenses from ASCII Corporation for approximately 4.6 billion yen. The employees of ASCII database divisions have been transferred to the new joint venture. The ASCII database division had revenues of approximately 4.2 billion yen in the fiscal year ended March, 1994. About ASCII ASCII Corporation is the leading software company in Japan and is involved in developing and distributing UNIX-based software, MS/DOS and Windows software and also game software. Since 1984, ASCII has handled Informix products and succeeded in positioning Informix as one of the prominent RDBMS in the Japanese market. ASCII also publishes and sells books and magazines related to the computer and game machine industries, including training manuals and advanced user manuals. ASCII also established a new joint venture company in Japan with Microsoft K.K. to promote Windows NT in 1994. About Informix Informix Software, Inc., the operating subsidiary of Informix Corporation, is the leading supplier of high performance, parallel processing database technology for open systems. The company's database servers are the number one choice of computer hardware manufacturers for publishing Transaction Processing Council (TPC) benchmarks for UNIX-based systems. Informix products also include application development tools for creating client/server production applications, decision support systems and ad-hoc query interfaces, and connectivity software that allows information to be shared transparently from PCs to mainframes within the corporate computing environment. The company's corporate headquarters is in Menlo Park, California. ### INFORMIX is a registered trademark of Informix Software, Inc. All other companies mentioned or other names indicated by a (R) or (TM) are registered trademarks of their respective manufacturer. -- %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% William Daul Advanced Support INFORMIX SOFTWARE INC. 4100 Bohannon Dr. (415) 926-6488 - wk Menlo Park, CA. 94025 uunet!infmx!billd or billd@informix.com