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SAP AG has announced the availability of the SAP Sybase SQL Anywhere 16 suite, the latest release of data management and synchronization technology. As a key element of and satellite server within the ...
With this transaction, SAP will dramatically expand its addressable market by making available its market-leading solutions to hundreds of millions of mobile users, combining the world's best business ...
SAP's $5.8 billion acquisition of Sybase raises a bevy of questions and sparks a good bit of head scratching. Is this deal really all about mobility in the enterprise, Sybase's growth engine?
The deal is financed from SAP's existing cash resources plus a $2.75 billion loan facility. SAP believes the acquisition will be immediately accretive and Sybase will operate as a stand alone brand.
Likewise, SAP has a larger footprint on the world stage, which allows Sybase to take its product to a broader market more quickly, said Raj Nathan, an executive vice president of Sybase.
SAP AG and Sybase Inc. have announced two new solutions for mobile workers to carry out key business and customer relationship management (CRM) processes via iPhone and Windows Mobile. Built on the ...
However, Sybase will retain its core management, including CEO John Chen, and still operate as a stand-alone unit under the name “Sybase, an SAP company.” About 3,800 people work for Sybase ...
SAP recently acquired Sybase for $5.8 billion. Sybase, which primarily derives its revenues by selling database software, also sells software for mobile phones on which businesses can deploy ...
Likewise, SAP has a larger footprint on the world stage, which allows Sybase to take its product to a broader market more quickly, said Raj Nathan, an executive vice president of Sybase.
Sybase is a small player in that market, with about 2 or 3 percent market share. Its absorption by SAP puts SAP into more direct competition with Oracle in that area. Oracle declined to comment.
SAP will also assume Sybase’s debt of $400 million. Sybase, based in Dublin, Calif., will operate as a stand-alone unit within SAP under its current management.