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Sybase Buys Aleri
Assets February
8, 2010
Sybase
has finalized an Asset Purchase Agreement with Aleri. Aleri is a leading
provider of enterprise-class complex event processing (CEP) technology
and CEP-based solutions.
"With this transaction Sybase positions itself as a clear market leader
in CEP. We have strengthened our real-time analytics platform, by adding
Liquidity Risk Management and the industry leading Liquidity Management
Suite," said Dr. Raj Nathan, Senior Vice President and CMO of Sybase.
"Our customers increasingly expect Sybase to provide a broad analytics
portfolio to meet their growing needs and we are committed to continue
to deliver on this vision."
CEP is an integral part of real-time analytics and with this
acquisition, Sybase strengthens its overall analytics platform and
leadership position to better meet the needs of enterprises requiring
real-time analytics processing.
"The addition of Sybase development resources to the Aleri platform will
accelerate the pace of innovation adding new features to the CEP
engine," said Jerry Baulier, Vice President, Engineering of Sybase,
(former CTO and VP Engineering of Aleri). "Furthermore, Aleri customers
will benefit from the strength of Sybase's worldwide customer support
organization."
According
to Forrester Research, "The Aleri platform is a strong product backed by
a strong strategy." Aleri is recognized as a standout leader in CEP in
the Forrester Research, Inc., independent report published August 4,
2009 --"The Forrester Wave™: Complex Event Processing (CEP) Platforms,"
Q3 2009. The full report can be found at www.forrester.com.
Aleri is also the first CEP vendor to have published STAC-certified
(Securities Technology Assessment Centre) Benchmarks.
The terms of the transaction are not being disclosed and Sybase does not
expect the transaction to have a material impact on 2010 financial
results. |