Friday, March 21, 2003
Sybase Buys AvantGo
Posted by Andy Sjostrom in "NEWS" @ 01:44 AM
http://avantgo.com/news/press/press_archive/2003/release02_26_03.html
I am not sure if we've discussed the Sybase acquisition of AvantGo here or not. Yesterday, I received an email from the AvantGo marketing team with a link to this press release. Essentially it says that Sybase finalizes the acquistion of AvantGo and places it in Sybase's iAnywhere Solutions subsidiary. The price of all outstanding shares was $1.029 per share and as a result AvantGo will no longer be publicly traded. As for AvantGo's current services, this is what is said:
"iAnywhere Solutions also plans to extend the reach of the AvantGo solutions, including the popular My AvantGo service, via Sybase's worldwide channels and robust partner base. My AvantGo is recognized as one of the world's largest mobile applications, with more than seven million registered users."
I am not sure if we've discussed the Sybase acquisition of AvantGo here or not. Yesterday, I received an email from the AvantGo marketing team with a link to this press release. Essentially it says that Sybase finalizes the acquistion of AvantGo and places it in Sybase's iAnywhere Solutions subsidiary. The price of all outstanding shares was $1.029 per share and as a result AvantGo will no longer be publicly traded. As for AvantGo's current services, this is what is said:
"iAnywhere Solutions also plans to extend the reach of the AvantGo solutions, including the popular My AvantGo service, via Sybase's worldwide channels and robust partner base. My AvantGo is recognized as one of the world's largest mobile applications, with more than seven million registered users."
