Computer Associates is spinning off its open-source Ingres database technology to a private equity firm, which wants to widely promote the platform.
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Equity firm Garnett & Helfrich Capital has bought the database technology for an undisclosed sum. CA released Ingres as an open source project in 2004, which gave the database a marketing boost.
The sale is seen by CA as part of an ongoing streamlining of its product offerings, many of them acquired through acquisition. Ingres was subsumed by CA through the 1994 buyout of Ask/Ingres.
Despite the sale, CA will retain a minority stake in the newly formed Ingres and will take a seat on the company’s board to help steer technology development and marketing strategies for Ingres.
Garnett & Helfrich Capital took a controlling stake in thin-client technology solutions provider Wyse Technology earlier this year. That company recently announced a new range of thin-client computing products with Sun Microsystems.
Oracle, IBM and Microsoft are the main database suppliers, and MySQL is the most prominent open-source database provider.