SAP buys Sybase in a $5.8 billion deal that will make a software giant able to bring one of the large ranges of business software to clients across mobile and other project. SAP, Walldorf, Germany, is obtain Sybase via its SAP America secondary in the deal, worth about $65 per share, which is about a 44% premium compared to Sybase’s 3-month average stock price.
The company is world’s largest business software sellers, with product lines with CRM, ERP, product lifecycle management, supply chain management, supplier relationship management, and other solutions. Gartner recently ranked SAP as the world’s largest companies of business intelligence, analytics, and performance management software, far outpacing competitors Oracle, SAS Institute, and IBM.
Sybase is one of the world's top database sellers, and also has industry-leading technology for delivering software to clients on any platform, ranging from desktops to mobile devices. The company's "Unwired Enterprise" plan lets business-critical information to be securely moved back and forth from the data center to the end device.
SAP said the achievement of Sybase will let the company to accelerate the ability to take its solutions across mobile platforms and drive raised user adoption of SAP’s software. Mutually, SAP, Sybase, and their combined client base will be able to use Sybase’s messaging network to arrive at 4 billion mobile users through over 850 operating relationships worldwide, SAP said.
SAP competitor Oracle has taken legal action SAP in the past, and in 2007 was rumored to be interested in get SAP. Both companies have built their businesses in large part via achievement of selling specializing in different features of the software market.