WALLDORF (Dow Jones) – Software group SAP has completed the acquisition of US-based Sybase. Sybase is now a 100 percent subsidiary of SAP , the Mutual Group said the Walldorf Baden on Friday. SAP announced in May it would buy Sybase for 65 per share and thus be valued at around 5.8 billion USD.
The tender offer expired on Monday. Sybase offers solutions such as fixed and mobile databases and software for encryption and device management .
Website: www.sap.com
DJG / phg / brb / dok
Tags: walldorf baden, management website, dow jones, mobile databases, mutual groupAuthor:
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Saturday, July 31st, 2010 at 5:00 am
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