Sybase To Acquire AvantGo In $38 Million Deal

Dublin-based Sybase, a leading mobile database software house, will operate AvantGo under its iAnywhere Solutions subsidiary. Following the planned completion of the deal next year, AvantGo's products and service will be available through Sybase's worldwide channels and 700 database partners.

AvantGo, Hayward, Calif., offers offline Web capabilities and an enterprise mobile software platform that can be deployed within an enterprise or hosted on the MyAvantGo service.

Founded in 1997, AvantGo lists almost 40 of the Fortune 100 companies as customers, including McKesson, Ford Motor, Cisco Systems, Federal Express and CNN. The company also claims to have 7 million registered AvantGo service users.

Sybase's iAnywhere Solutions subsidiary offers a mobile database and synchronization capabilities. Its SQL Anywhere Studio offers mobile, remote, embedded and workgroup database solutions for vertical industries including field service, transportation, retail, utilities, financial services, health care and government.

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With the two leading mobile/wireless middleware offerings combined, iAnywhere Solutions will be able to offer an end-to-end mobile business platform. According to a recent market report by Gartner, Sybase increased its share of the mobile DBMS market from 68 percent in 2000 to 73 percent in 2001.

The deal, which is subject to approval by AvantGo shareholders, is expected to be completed during the first quarter of 2003, executives said. Sybase also plans to open iAnywhere Solutions' mobile database to enterprise Web developers following the transaction.