CA Transfers Ingres Database To Ingres Corporation For Open Source Services

Computer Associates has spun off its Ingres database into the privately held Ingres Corporation. The newly formed company has received an investment from private equity fund Garnett & Helfrich Capital, which will be the firm's majority shareholder. CA will provide the intellectual property rights for the database in exchange for a stake in the company.

Ingres Corporation aims to make money from the software as an open source project, providing services and maintenance.

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