Pervasive Software Inc. delivers software to manage, integrate, and analyze data in the cloud or on-premises throughout the data lifecycle. Its data management products include Pervasive PSQL, a database product for packaged business applications; Pervasive DataExchange, a solution to eliminate data loss and down time due to system crashes, hardware failures, or site disasters; Pervasive Backup Agent, a backup solution; and Pervasive AuditMaster, which provides an audit trail, alert notification, and reporting. The company's data and application integration products comprise Pervasive Data Integrator that provides extraction, transformation, and flow of data between sources throughout the or...
12365 Riata Trace Parkway
Austin, TX 78727
Founded in 1994
Pervasive Software Inc. Announces Executive Changes; Announces Amendments to Articles of Incorporation
Apr 11 13
On April 11, 2013, pursuant to the terms of the Agreement and Plan of Merger, dated as of January 28, 2013, among Pervasive Software Inc., Actian Corporation and Actian Sub II Inc. and wholly owned subsidiary of Actian, Merger Sub was merged with and into the company, with the Company being the surviving corporation. Upon completion of the Merger, the company became a wholly owned subsidiary of Actian. In connection with the Merger, each of Shelby Carter, David Boucher, David Bradford, John Farr, Jeff Hawn, Michael Hoskins and Nancy Woodward resigned from his or her respective position as a member of the board of directors, and any committee thereof, of the company, effective at the Effective Time. Pursuant to the terms of the Merger Agreement, at the Effective Time, the members of the board of directors of Merger Sub, Marc Monahan and Fred Gallagher, became the members of the board of directors of the company. In addition, the board-appointed officers of the company in office at the time of the Merger, including John E. Farr (President and Chief Executive Officer), Randall G. Jonkers (Secretary and Chief Financial Officer), Michael Hoskins (Chief Technology Officer), Gilbert Van Cutsem (General Manager, Database Division), Lance Speck (General Manager, Integration Division) and Stephen Padgett (Vice President, Information Technology) resigned their offices, but not their employment, as of the Effective Time, and the officers of Merger Sub immediately prior to the Effective Time became the officers of the company.
Pursuant to the terms of the Merger Agreement, at the Effective Time, the certificate of incorporation of the company was amended and restated in its entirety to read identically to the certificate of incorporation of Merger Sub, as in effect immediately prior to the Effective Time (provided that the name of the surviving corporation is the name of the company). Pursuant to the terms of the Merger Agreement, at the Effective Time, the bylaws of Merger Sub, as in effect immediately prior to the Effective Time, became the bylaws of the company.