Re: 9 years ago today
Posted in 2006
rkusenet said:
> Does anyone remember what happened to Informix today
> nine years ago?
1997: Misgovernance
Failures in marketing and an unfortunate leadership in corporate
misgovernance overshadowed Informix's technical successes. On April 1,
1997, Informix had to announce that revenues fell short of expectations by
$100 million. In retrospect, the day before this incident may have marked
the peak of Informix's success as a company. While it continued to advance
its technology, the churn in management that followed the ouster of the
CEO in 1997 meant the company never recovered the momentum that its
success with Version 7.x established.
>From Wikipedia.
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Bye now,
Obnoxio
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