Archive for March, 2005

IBM is buying Ascential for $1.1 Billion

IBM is spending $1.1 billion in cash to buy Ascential Software, maker of the popular DataStage ETL tool. This is another sign that the BI industry is undergoing consolidation. Now, all three big players in the data warehousing field (Microsoft, Oracle, and IBM) have a capable ETL tool to offer to the business intelligence crowd. […]