Sybase to Acquire XcelleNet

By Joel Shore  |  Posted 2004-04-08 Email Print this article Print
 
 
 
 
 
 
 

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Enterprise infrastructure and mobile software supplier Sybase Inc. signed an agreement this week to purchase privately held XcelleNet, Inc.

DUBLIN, CA -- Enterprise infrastructure and mobile software supplier Sybase Inc. signed an agreement this week to purchase privately held XcelleNet, Inc., the developer of frontline device management software.

The all-cash transaction is valued at approximately $95.2 million. Sybase intends to integrate XcelleNet into its iAnywhere Solutions subsidiary.

The acquisition will allow Sybase to offer enterprise clients solutions for managing remote and mobile systems. Sybase expects to gain 2,200 global customers and expand relationships with partners HP and Microsoft.

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Veteran technology journalist Joel Shore is editor of Reference Guide, publishers of reviews and custom content for the technology industry. He co-founded and was the longtime director of the CRN Test Center.
 
 
 
 
 
























 
 
 
 
 
 

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