SAP Announces Acquisition of Sybase
SAP, the world's leading enterprise application software company, announced its intent to acquire Sybase for approximately $5.8 billion.
Significance
This acquisition brought Sybase's powerful database technology, including ASE, under the SAP umbrella, integrating it deeply into SAP's broader enterprise data strategy and mobile computing initiatives.
Key facts
- Date
- 2010-05-13
- Type
- milestone
- Location
- Walldorf, Germany (SAP HQ) / Dublin, California, USA (Sybase HQ)