Technology

Sybase completes acquisition of mobile 365














MUMBAI: Sybase, Inc. a provider of enterprise infrastructure and mobile software has announced its completion of the acquisition of Mobile 365, Inc. in an all-cash transaction valued at $417 million. Net of acquired cash, the transaction is valued at $397 million.


Mobile 365 will now operate as Sybase 365, a wholly-owned subsidiary. Sybase Inc. senior vice president corporate development and marketing Marty Beard will lead the new subsidiary as president, asserts an official release.

The Sybase mFolio business will be integrated into Sybase 365 immediately, and certain assets of Sybase AvantGo will be integrated into Sybase 365 early in 2007, adds the release.

Sybase chairman, CEO and president John Chen said, "Built on unique intellectual property and a comprehensive global network, Sybase 365 provides the messaging infrastructure-of-choice for interoperability and content delivery. With this acquisition, we expand our unwired enterprise offerings and our ability to deliver information anytime, anywhere, to any type of device."


Through its network of approximately 700 mobile operators, including Verizon Wireless, Vodafone, T-Mobile, Cingular, Telefonica and China Mobile, Sybase 365 will continue to focus on enabling the content providers and global brands, such as Citibank, Yahoo!, AOL, MSN and Twentieth Century Fox to mobilise their content and applications.




Verizon Wireless vice president wireless internet and multimedia services Jim Straight said, "As we approach the fifth anniversary of Mobile 365 launching carrier services here in the U.S., i‘m pleased they have found a corporate parent who brings additional resources and opportunities to the market and that Mobile 365 will continue to serve us as they have in the past."


"The acquisition solidly positions Sybase between mobile operators, content providers, and global brands-further extending our worldwide leadership in enterprise mobility," said Beard.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/05/23/comptia.jpg?itok=i6GKTHS2
How to Get CompTIA A+ Certification with PrepAway IT Specialists

One of the leading vendor-neutral IT certification providers is known as Computer Technology Industry Association (CompTIA).

Technology Software Middleware
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/05/16/vidgyor.jpg?itok=HKAbhreX
Vidgyor develops machine learning based TV ad-break detection technology solution

Vidgyor started in 2014 by core team of video technology experts who worked at MNC like Yahoo!, STMicroelectronics developed machine learning (ML) based innovative solution which is latest advancement in their ecosystem.

Technology Hardware Components
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/05/13/talon.jpg?itok=SgNUTIeI
Talon Partners with Sahaj Software to develop Plato and Ada, Proprietary OOH Technologies

Talon has launched its proprietary AdTech platforms, for OOH advertising, Plato and Ada.

Technology Software Applications
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/05/08/shilpa.jpg?itok=hLXImMf-
ShilpaShettyKundra pioneers India’s first celebrity fitness application

The world today is powered by the internet, and as India goes through the Digital Revolution, Wellness Entrepreneur, ShilpaShettyKundra is all set to launch a one of its kind holistic wellness Application – The ‘ShilpaShetty’ Application.

Technology Software Applications
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/25/venkat.jpg?itok=M1_HNz7C
Worldline India appoints Venkat Sriramagiri as COO

Worldline India, a leading player in the payments and transactional services industry is pleased to announce the appointment of Mr. Venkat Sriramagiri as Chief Operating Officer (COO).

Technology Software Middleware
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/24/airtel.jpg?itok=nocdMy5f
Airtel renews long-term partnership with Synamedia to drive digital TV innovation

Synamedia, the world’s largest independent video software provider, today announced that it has extended its relationship with global telecoms operator Bharti Airtel in India. The new multi-year contract builds on Airtel’s 12-year partnership with Synamedia and the two firms’ shared foc uson...

Technology Software Applications
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/24/Astro.jpg?itok=6WVg8MZO
Astro partners with Synamedia for new video services

Synamedia and Astro Malaysia Holdings (Astro), today announced they have entered into a strategic partnership to deliver a seamless premium video experience to Astro subscribers across all devices. Synamedia is the largest independent video software provider while Astro is Malaysia’s leading...

Technology Software Applications
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/16/Brightcove_0.jpg?itok=I8VWou7B
Brightcove Signs agreement to acquire Ooyala’s online video platform biz

Brightcove, a global provider of cloud services for video, has announced that it has entered into a definitive agreement to acquire the online video platform (OVP) business of Ooyala, a provider of cloud video technology.

Technology Hardware Components
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/01/silver.jpg?itok=0wDoYLof
Silverpush grows 100% y-o-y following apac expansion

SilverPush, the marketing technology platform powered by artificial intelligence (AI) designed to effectively improve engagement between brands and consumers, is set to become the fastest-growing contextual marketing tech company from India.

Technology Hardware Components

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories