www.WirelessFederation.com/news: Sybase competition with Oracle in the software world will be given a new lease of life after its acquisition by SAP in a $5.8 billion deal. New revenue streams and a larger technology portfolio will also help it to remain competitive in the longer run. The deal is very mutual in nature as even SAP could also capitalize on former strategic partner Sybase’s mobile technology. It will also enable SAP to consolidate and expand upon its mobile offerings.
According to analyst, Sybase’s strong presence in global mobile telephony offers intriguing opportunities for SAP to further leverage and extends its business solutions and given the exploding interest in smartphones, tablets and other handheld computing devices, this qualifies as a classic no-brainer. The deal also marks a major shift in the enterprise-software landscape as SAP develops and delivers a wide range of enterprise business software solutions, Sybase’s majorly contributes towards the global mobile market, where the database solutions of the company support SMS messaging chores for billion mobile phones.
Mobile computing, cloud computing and on-premises enterprise resource management applications have been seen as the primary underpinnings of SAP’s business in both the short and long term. SAP and Sybase deal is reflected as a merger agreement with Sybase selling at $65 per share, a 44 percent premium over the company’s average stock price last quarter.
According to Jim Hagemann Snabe, co-CEO of SAP and a member of the SAP executive board, Mobile devices are becoming the preferred interaction point with business applications, whether the user is a factory supervisor, a retail manager or an entrepreneur in a development nation.
However, even after enjoying a nice niche in the financial market, SAP is still not is a position to compete with Oracle in applications suites. To deal with this, Sap has expressed its willingness to examine other possible acquisitions but has not made clear whether it would engage in an Oracle-style spending spree.
