"With this transaction, SAP will dramatically expand its addressable market by making available its market-leading solutions to hundreds of millions of mobile users, combining the world’s best business software with the world’s most powerful mobile infrastructure platform," said Bill McDermott, Co-CEO, SAP and member of the SAP Executive Board.
This is in line with what Peter Gartenberg(MD, SAP India) shared with us yesterday(refer my previous post). SAP wants to be on On-Device to increase its market share.
Refer Google/Twitter/Bing results for more information that's pouring in :).
Some of the URLs for reference.
http://techcrunch.com/2010/05/12/confirmed-sap-to-acquire-sybase-for-5-8-billion/
http://www.wirelessweek.com/News/Feeds/2010/05/wireless-sap-buys-sybase-for-58b/
No comments:
Post a Comment