Furthers Unwired Enterprise Expansion in the Area of Context-Aware, Location-Based Applications
DUBLIN, Calif., Aug. 6 -- Sybase iAnywhere today announced that it has entered into an agreement to acquire Coboplan, a market-leading Japanese provider of Geographic Information System (GIS) software solutions. Coboplan provides context-aware mapping capability for applications ranging from sales force automation to road, city planning, and waterworks civil engineering projects in both local and national government institutions. Sybase® intends to integrate the technology into solutions that will allow it to grow further in the areas of corporate CRM systems, Sales Force automation and Field Force automation systems, embedded car telemetry and home embedded systems.
"This acquisition positions Sybase with a powerful GIS offering that, when combined with our industry-leading mobile database, synchronization, RFID and natural language products, will enable the company to deliver new, integrated, context-aware, location-based solutions," said Terry Stepien, president, Sybase iAnywhere. "Combining Sybase technology with Coboplan's mapping solutions marks another key milestone in the Unwired Enterprise strategy."
Sybase iAnywhere and Coboplan have already worked together on numerous projects in which Sybase iAnywhere's SQL Anywhere® has been incorporated into Coboplan's "Maplet" GIS software package. Additionally, Sybase iAnywhere is looking at opportunities to combine the company's natural language engine Answers Anywhere(TM), contents push Web solution M-Business Anywhere®, and RFID middleware software RFID Anywhere(TM) with Coboplan's GIS engine to develop new, comprehensive location-based service offerings.
Subject to certain closing conditions, Sybase expects the transaction to close in mid-August. The all cash acquisition amount is undisclosed and the transaction is not expected to have a material impact on 2007 consolidated results.
About Sybase iAnywhere
Sybase iAnywhere enables success at the front lines of business. The company holds worldwide market leadership positions in mobile and embedded databases, mobile management and security, mobile middleware and synchronization, and Bluetooth® and infrared protocol technologies. Tens of millions of mobile devices and over 20,000 customers and partners rely on the company's "Always Available" technologies, including SQL Anywhere and its Information Anywhere suite. iAnywhere is a subsidiary of Sybase, Inc. (NYSE:SY).
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Source: Sybase, Inc.
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