DataMirror Completes Acquisition Of Assets Of Constellar Corporation
14:34 EDT Tuesday, October 03, 2000
TORONTO, CANADA--DataMirror Corporation (TSE:DMC), a leading provider of e-Business data integration and resiliency solutions, today announced it has completed the acquisition of assets and assumption of certain liabilities of Constellar Corporation of Redwood Shores, California and certain of its subsidiaries. The transaction is valued at approximately $15 million.
Constellar's enterprise application integration (EAI) software ensures that companies' application data is available to any other application - supplier, customer, or internal user - to create integrated end-to-end e-business solutions without the need for costly and hard-to-maintain hand-coded links. It includes pre-built interfaces to major ERP packages such as SAP, Oracle and PeopleSoft. Customers of Constellar include Citibank, General Electric, ScottishPower, London Stock Exchange and Readers Digest.
DataMirror expects to integrate Constellar Hub, a leading Oracle based Enterprise Application Integration tool, with DataMirror's complete family of Transformation Server real-time data integration tools, to provide customers in the Oracle economy with a completely integrated end-to-end solution.
Through the acquisition of Constellar, DataMirror intends to strengthen its presence in the global Oracle economy. The Company plans to headquarter its US operations out of its newly acquired offices in Redwood Shores, California.
About Constellar
Constellar Corporation was a pioneer in the Enterprise Application Integration (EAI) industry, and successfully delivered real EAI solutions for nearly 12 years. Today, Constellar Hub is at work in over 200 installations at more than 60 major global organizations, including Citibank, General Electric, Sprint, US WEST Long Distance, ScottishPower, London Stock Exchange, and Deutsche Bank. Using Constellar solutions, customers are able to implement highly scalable network- wide data and application architectures for e-business applications including e-commerce, Customer Relationship Management (CRM), data warehouses, and ERP. Constellar has its headquarters in Redwood Shores, Calif. with field offices throughout the U.S. and in Europe. For more information visit constellar.com.
About DataMirror Corporation
DataMirror (TSE: DMC) delivers solutions that let customers integrate their data for competitive insight and e-Business resiliency. DataMirror's comprehensive family of products includes advanced real-time capture, transform and flow (CTF) technology, that gives customers the instant access, integration and availability they demand today, across all computers in their business.
Over 1,100 customers rely on DataMirror software to gain competitive advantage and to provide a reliable, continuous, instant flow of information across their business. DataMirror is headquartered in Toronto, Canada, and has offices worldwide. DataMirror has been recognized by PROFIT Magazine as the fastest growing software company in Canada over the past five years. For more information, call 1-800-362-5955 or visit the DataMirror web site at www.datamirror.com. |
