Actian to Acquire Pervasive Software for $9.20/Share

Actian Corp. Pervasive Software Inc.

today announced that the two companies have entered into a definitive merger agreement pursuant to which Actian will acquire all of Pervasive's outstanding shares for $9.20 per share. The deal values Pervasive at $161.9m and accelerates Actian's ability to deliver its vision of providing organizations with the capability to take action in real time as their business environment changes. “Big data is an opportunity and a