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Actian to Acquire Pervasive Software for $9.20/Share
(Benzinga Lightning Feed Via Acquire Media NewsEdge) Actian
Corp. Pervasive
Software Inc. (NASDAQ: PVSW) today announced that the two companies have
entered into a definitive merger agreement pursuant to which Actian will
acquire all of Pervasive's outstanding shares for $9.20 per share.
The deal values Pervasive at $161.9m and accelerates Actian's ability to
deliver its vision of providing organizations with the capability to
take action in real time as their business environment changes.
“Big data is an opportunity and a
See full press release
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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