Skip to main content

IBM's Tivoli Systems Announces Completion of Merger with Software Artistry


ARMONK, N.Y - 27 Jan 1998: . . . Tivoli Systems, a subsidiary of IBM, today announced the completion of the merger with Software Artistry, Inc., marking the conclusion of IBM's acquisition of Software Artistry.

All outstanding shares of Software Artistry not previously purchased in IBM's tender offer were converted in the merger into the right to receive the same $24.50 per share cash price paid in the tender offer.

# # #

* IBM is a trademark of International Business Machines Corporation. Tivoli is a trademark of Tivoli Systems, Inc., in the U.S. and/or other countries. In Denmark, Tivoli is a trademark licensed from Kjøbenhavns Sommer-Tivoli A/S.

Contact(s) information

Jeff Cross
IBM
914-766-1265
jrcross@us.ibm.com

Yvonne Donaldson
Tivoli Systems
512-436-8311
yvonne.donaldson@tivoli.com

Related XML feeds
Topics XML feeds
Software
Information Management, Lotus, Tivoli, Rational, WebSphere, Open standards, open source