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Informatica wraps up Identity Systems buy

20 May 2008 07:31AM
Tags: informatica | wraps | identity | systems | buy

Data integration firm Informatica has completed its acquisition of Identity Systems, which was previously owned by Nokia..

The US$85 million cash deal was announced in April and has now been completed. Informatica will assume full ownership on 15 May.

Informatica plans to integrate Identity Systems' software to provide applications that profile, cleanse, group, match and consolidate data within computer systems and network databases.

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