September 23, 2014 3:18 PM ET

Software

Company Overview of Pervasive Software Inc.

Company Overview

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...

Building B

12365 Riata Trace Parkway

Austin, TX 78727

United States

Founded in 1994

255 Employees

Phone:

512-231-6000

Fax:

512-231-6010

Key Executives for Pervasive Software Inc.

Director of Corporate Marketing & Communications
Compensation as of Fiscal Year 2014.

Pervasive Software Inc. Key Developments

Pervasive Software Inc. Announces Executive Changes; Announces Amendments to Articles of Incorporation

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.

Pervasive Software Inc.(NasdaqGS:PVSW) dropped from NASDAQ Composite Index

Pervasive Software Inc. will be removed from NASDAQ Composite Index.

Pervasive Software Inc. Deepens, Extends Document Exchange Managed Services for Marathon Oil Corporation

Pervasive Software Inc. is enhancing its 10-year business relationship with Marathon Oil Corporation with a new initiative to onboard hundreds of additional Marathon Oil suppliers. The initiative will almost quadruple the number of suppliers with which Marathon Oil exchanges e-invoices, remittances and other electronic business documents using Pervasive Business Xchange(TM) managed services. This service enables Marathon Oil to reach hundreds of additional vendors to efficiently process business documents according to accepted industry standards. With increasing activity in the Eagle Ford Shale, Marathon Oil has seen rapid growth in the number of suppliers that help it conduct efficient production operations. Powered by Windows Azure, Pervasive Business Xchange leverages the platform's scalability and economics to make it cost-effective to electronically onboard the additional Marathon Oil suppliers. Pervasive Business Xchange, which is hosted on the Windows Azure platform-as-a-service, provides customers like Marathon Oil with the advantages of a scalable, economic cloud-based architecture.

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