Pervasive Software has agreed to be acquired by Actian Corp, after the privately held big data management company raised its earlier offer by about 8 percent to $161.9 million, writes Reuters. Actian will offer $9.20 in cash to Pervasive shareholders for each Pervasive share. Actian is backed by private equity firm Garnett & Helfrich Capital.
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There’s some tech industry rumbling that’s gotten louder with the news of eBay’s Skype and StumbleUpon spinoffs. Once-acquisitive tech companies are taking a harder look at whether their subsidiaries make sense, with an eye toward possible sales. It may not ultimately lead to increased divestitures, but the pace of analysis on the topic has, as [...]