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Monday, March 14, 2005

Yahoo! News - IBM Buys Ascential Software for $1.1 Bln

Yahoo! News - IBM Buys Ascential Software for $1.1 Bln: "'Customers are spending up 40 percent of IT (information technology) budgets trying to integrate applications and information,' Janet Perna, general manager of IBM's information management software division, said in an interview. 'With this acquisition, we are really addressing one of the major growth areas, which is one of the gaps in our technology.' "

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