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The database segment of Sybase provides a stable core business.
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The takeover of Sybase will help SAP to catch up.
Assuming a majority of Sybase shareholders tender their shares to SAP, the deal is expected to close in the third quarter.
While Sybase trails its larger competitors, John S. Chen, the chief executive of Sybase, highlighted the company's strength in dealing with investment banking customers, stock exchanges and insurers.
SAP has not been particularly good at the latter, having lost the founders of Sybase and SuccessFactors, two recent acquisitions.
Some analysts and shareholders said Sybase overpaid for a software company that had been unable to reach profitability on its own, but David Chen, above, chief executive of Sybase, said he was not worried.
Each common share of New Era, known as Neon, will be converted into 0.3878 share of Sybase common stock.
Ms. Greene is a veteran of Sybase, Tandem Computer, Silicon Graphics and a couple of start-ups.
At age 52, Mr. Peterschmidt, formerly president of Sybase, the database software company, is Inktomi's graybeard.
This chapter provides an overview of Sybase IQ Multiplex.
Most recent job — VP and general manager of Sybase.
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