IBM eyes off databass
IBM has announced the general availability of DB2 UDB (Universal Database) Express, a database featuring 65 automation tools intended for smaller-size businesses and departments. Technology is provided for monitoring the system’s health with advice and wizards also supplied to walk users through tasks such as expanding a systems capabilities. The database offers self-tuning and self-configuring characteristics. XML and Web services are supported on both the Java and .Net varieties. In addition to serving as a standalone database, the product can also be embedded in applications and tools. IBM Universal Database Express Edition for Linux and Windows 8.1 is available for $US499 for a base server package, with additional licensing costs of $US99 per user. The average cost of the database for a company with 52 users of a particular application is $5499. IBM also is announcing a Partner License program, called IBM Entry OEM Agreement for Software.
Vector capital picks up Corel
Corel Draw is being acquired by Vector Capital, which plans to return Corel to being a private company. San Francisco-based Vector will pay $US1.05 per common share of Corel stock, or about $US96 million. The value will total about $US124 million, including convertible securities. Corel is expected to keep its name and remain largely unchanged after the acquisition, which is subject to approval by shareholders, but job losses are likely. The deal is expected to be closed by early August. The lure of buying Corel is in the company’s WordPerfect and Draw products as well as their respective customers. Corel has been battling for some time to increase its office suite market share in a world dominated by Microsoft Office. Last year, Corel signed up several PC makers including HP, Dell and Sony to package the Corel WordPerfect suite with many new computers.