Sybase to merge with Aleri

Friday Feb 5th 2010 by DatabaseJournal.com Staff
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With the complete deal to be announced February 8th, Sybase and Aleri go forward with merger.

It has been confirmed that Sybase is acquiring Aleri. This merge will help both companies. Sybase will provide solid financing for Aleri’s redevelopment program—providing Sybase with a CEP engine they can take across other verticals.

Senior vice president of Sybase, Raj Nathan said,

"With this transaction, Sybase positions itself as a clear market leader. We have strengthened our real-time analytics platform, added liquidity risk management, and the industry leading liquidity management suite."

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