| For Immediate Release |
Contact: Jeremy Milner
401-862-9422
jeremy@jeremymilner.com
Courtney Chandler
617-375-4217
courtney@revolutionpartners.com |
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SYBASE EXPANDS UNWIRED ENTERPRISE SOLUTIONS PORTFOLIO
WITH DATA SERVICES ACQUISITION
Enterprise Information Integration Technology Helps
Customers Gain Further Benefits from Their Investments
in Existing Heterogeneous Data Sources
DUBLIN, CA (May 9, 2005) -- Sybase, Inc. (NYSE:
SY), a leading provider of enterprise infrastructure and mobile
software, today announced continued investment in its information
management technology portfolio with the acquisition of the
technology and assets of Avaki Corporation, a market-leading,
privately held provider of enterprise information integration
(EII) software. Avaki helps companies in data intensive industries
deploy their business information systems faster and at lower
cost through better approaches to data integration. Sybase
intends to incorporate the technology into its core group of
information management solutions.
"The acquisition of Avaki's technology marks another key milestone in the investment
strategy around our information management solutions portfolio," stated John
S. Chen, chairman, CEO and president of Sybase, Inc. "Avaki's EII software enables
advanced applications to be built in a virtual, service oriented architecture,
rapidly and easily pulling together information from a variety of sources and
locations. This approach helps our customers to gain further returns on from
their existing technology investments. |
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Avaki's flagship enterprise information integration (EII) software
streamlines integration of data from many distributed sources while
providing standardized access to integrated data views through a
single data layer. The technology is ideal for companies seeking
an efficient and scalable way to integrate and deliver data from
diverse distributed sources to key enterprise applications that require
fresh data consolidated from multiple parts of the organization.
"We are extremely pleased with the fact that given Sybase's resources and global
reach, that Avaki's leading edge technology will be gaining access to an even
broader segment of the EII marketplace," said Andre Boisvert, chairman and CEO,
Avaki.
"Data integration is being increasingly considered for facilitating various applications,
including the creation of a single view of business entities (for example, customers
and products) in a real-time manner. Simplifying data integration is an important
goal for organizations dealing with a diverse and distributed data architecture," said
Ted Friedman, vice president Data Management and Integration, Gartner, Inc.
Avaki solutions allow a customer to:
- Standardize and simplify application access to data by making
many data sources look like one quickly, without programming
- Maintain a library of reusable views that becomes a repository
of all your data integration assets
- Deliver data to applications in real-time from original data
sources so you can control costs and improve data consistency
- Protect production databases from uncontrolled access to data,
while delivering data efficiently to applications
- Take advantage of robust SOA to create a strategic data layer
that serves many data sources and applications and scales easily
across your enterprise
About Sybase, Inc.
Sybase is the largest enterprise software company specializing
in managing and mobilizing information from the data center to
the point of action. Sybase provides open, cross-platform solutions
that securely deliver information anytime, anywhere, enabling customers
to create an information edge. The world's most critical data in
commerce, communications, finance, government and healthcare runs
on Sybase. For more information, visit the Sybase Web site: http://www.sybase.com.
Revolution Partners is one of the nation's largest investment banks focused exclusively on Mergers & Acquisitions and Private Capital Fundraising Advisory Services for technology companies. All of our clients benefit from senior-level attention from partners with deep sector expertise. Revolution Partners was founded in 2001 by former senior technology bankers from major Wall Street investment banks. With offices in Boston, San Francisco and Los Angeles, Revolution applies partner-level experience to the successful execution of advisory and financing transactions for emerging technology companies in industry sectors including software, Internet business services, telecommunications, wireless, clean tech, digital media, storage and semiconductors. For more information, visit www.revolutionpartners.com. |
