HPI Holding SA has invested $3.6m in Ibex Corp SA to take its stake in the Luxembourg-held group, which includes Ibex Computing SA in Archamps, France and Ibex Object Systems Inc in Minneapolis, Minnesota to 25%. Ibex bought the Itasca object- oriented database, one of the first developed, last year from the eponymous firm in Minneapolis and vowed to breathe new life into it (CI No 2,777). HPI said the move is designed to help it develop in Europe in the information document management fields and exploit its Hermes Precisa Australia joint venture with Eastman Kodak Co, which made typewriters, 16mm Bolex movie cameras and Thorens turntables in the 1980s.
