Short Take: CMG gets $10 million investment

CMG Information Services, a developer of Internet and database management technologies, has received a $10 million investment from Japan's Sumitomo. The companies also formed an alliance, in which they will explore and develop joint Internet initiatives, leveraging the CMG businesses in Japan's fast-growing technology marketplace.

Feb. 9, 1998 10:05 a.m. PT

, a developer of Internet and database management technologies, has received a $10 million investment from Japan's Sumitomo. The companies also formed an alliance, in which they will explore and develop joint Internet initiatives, leveraging the CMG businesses in Japan's fast-growing technology marketplace.