Sybase

Summary

Sybase, Inc. was an enterprise software and services company that produced software to manage and analyze information in relational databases, with facilities located in California and Massachusetts. Sybase was acquired by SAP in 2010; SAP ceased using the Sybase name in 2014.[4]

Sybase, Inc.[1]
IndustryComputer software
FoundedMay 6, 1991; 31 years ago (1991-05-06) in ?[2] (System ware)
1994; 28 years ago (1994) in Berkeley, California (Sybase, Inc.)
FateAcquired by SAP
HeadquartersDublin, California
Key people
Mitchell E. Kertzman, former President;[3] Suvro Ghosh, CEO
Number of employees
3,576 (2012)
Websitewww.sybase.com
Sybase headquarters in Dublin, California.

HistoryEdit

  • 1984: Robert Epstein, Mark Hoffman, Jane Doughty, and Tom Haggin founded Sybase (initially as System ware) in Epstein's home in Berkeley, California.[5][6][7] Their first commercial location is half of an office suite at 2107 Dwight Way in Berkeley. They set out to create a relational database management system (RDBMS) that will organize information and make it available to computers within a network.
  • March 1986: Sybase enters into talks with Microsoft to license Data Server, a database product built to run on UNIX computers. Those talks lead to a product called Ashton-Tate/Microsoft SQL Server 1.0, shipping in May 1989.[8]
  • January 1998: Sybase announced that it had found inconsistencies in profits reporting from its Japanese division, and would restate the financial results for the company for the last three quarters of 1997.[9] Five executives in Sybase's Japanese subsidiary were found to have used side letters to artificially inflate the profits from their operations. Following a class-action lawsuit,[10] the five executives involved were fired.
  • November 1998: John S. Chen is appointed Chairman, CEO and President.[11]
  • 2007: Sybase crossed the $1 billion mark.[12]
  • March 2009: Sybase and SAP partner to deliver the SAP Business Suite software to iPhone, Windows Mobile, BlackBerry and other devices.
  • May 2009: Sybase begins packaging MicroStrategy business intelligence software with its Sybase IQ server.[13]
  • September 2009: Sybase and Verizon partner to manage mobility services for enterprises worldwide through Verizon's Managed Mobility Solutions, which uses Sybase's enterprise device management platform.
  • May 2010: SAP and Sybase, Inc. announced SAP America, Inc. has signed a definitive merger agreement to acquire Sybase, Inc. for all of the outstanding shares of Sybase common stock at $65.00 per share, representing an enterprise value of approximately $5.8 billion.[14][15]

SAP ownership eraEdit

  • July 2010: In 2010-07-30, SAP AG announced it has completed the acquisition of Sybase, Inc., with Sybase surviving the merger as a wholly owned subsidiary of SAP America.[16]
  • October 2012: All Sybase employees are incorporated into SAP's workforce. In 2012-10-30, SAP announced Sybase, Inc. CEO and President John S. Chen leaving Sybase, effective in 2012-10-31, after leading Sybase for 15 years.[17]

ReferencesEdit

  1. ^ "Explanation why 'an' is grammatically correct because S-A-P is pronounced to begin with the vowel sound 'es'".
  2. ^ Sybase Inc
  3. ^ "Archived copy". Archived from the original on 2017-01-06. Retrieved 2017-01-05.{{cite web}}: CS1 maint: archived copy as title (link)
  4. ^ SAP finally drops the Sybase name
  5. ^ Epstein, Bob (2013). "History of Sybase". IEEE Annals of the History of Computing. 35 (2): 31–41. doi:10.1109/MAHC.2012.52. S2CID 17619102.
  6. ^ Sybase, Inc. - Company Profile, Information, Business Description, History, Background Information on Sybase, Inc.
  7. ^ Managing and analyzing information with relational databases
  8. ^ "Building the Billion Dollar Database: Microsoft SQL Server Climbs to New Heights". 2001-06-28.
  9. ^ Magee, Mike. "Sybase to restate following Japanese accounting scandal". V3.co.uk. Incisive Media. Retrieved 13 July 2011.
  10. ^ "Class Action Filed Against Sybase, Inc. AllegingFinancial Fraud". Business Wire. Retrieved 13 July 2011.
  11. ^ "Sybase CEO John Chen shares inside look at China's influence". USA Today. 2009-11-16.
  12. ^ Farber, Dan (January 24, 2008). "Sybase: The next big target for acquisition?". ZDNet.
  13. ^ "Sybase and MicroStrategy Team Up to Dramatically Reduce Time for Implementation of Business Analytics" (Press release). Sybase. May 12, 2009.
  14. ^ SAP to Acquire Sybase, Inc.
  15. ^ "SAP to Acquire Sybase, Inc" (Press release). SAP. Archived from the original on 2010-07-14. Retrieved 2010-05-13.
  16. ^ SAP Completes Acquisition of Sybase, Inc.
  17. ^ John Chen to Leave SAP After Successful Integration of Sybase