
January 01
2010 Directions Media Webinars coming soon!
|
Sybase iAnywhere Acquires Geographic Information System Provider Coboplan
August 06, 2007 |
|
Company: Sybase, Inc.
Furthers Unwired Enterprise Expansion in the Area of Context-Aware, Location-Based Applications Dublin,CA-- Sybase iAnywhere today announced that it has entered into an agreement to acquire Coboplan, a market-leading Japanese provider of Geographic Information System (GIS) software solutions. Coboplan provides context-aware mapping capability for applications ranging from sales force automation to road, city planning, and waterworks civil engineering projects in both local and national government institutions. Sybase(R) intends to integrate the technology into solutions that will allow it to grow further in the areas of corporate CRM systems, Sales Force automation and Field Force automation systems, embedded car telemetry and home embedded systems. "This acquisition positions Sybase with a powerful GIS offering that, when combined with our industry-leading mobile database, synchronization, RFID and natural language products, will enable the company to deliver new, integrated, context-aware, location-based solutions," said Terry Stepien, president, Sybase iAnywhere. "Combining Sybase technology with Coboplan's mapping solutions marks another key milestone in the Unwired Enterprise strategy." Sybase iAnywhere and Coboplan have already worked together on numerous projects in which Sybase iAnywhere's SQL Anywhere(R) has been incorporated into Coboplan's "Maplet" GIS software package. Additionally, Sybase iAnywhere is looking at opportunities to combine the company's natural language engine Answers Anywhere(TM), contents push Web solution M-Business Anywhere(R), and RFID middleware software RFID Anywhere(TM) with Coboplan's GIS engine to develop new, comprehensive location-based service offerings. Subject to certain closing conditions, Sybase expects the transaction to close in mid-August. The all cash acquisition amount is undisclosed and the transaction is not expected to have a material impact on 2007 consolidated results.
About Sybase iAnywhere Special Notes Regarding Forward Looking Statements: Statements concerning the anticipated closing of Sybase's acquisition of Coboplan, the benefits and product synergies of the transaction, including future product releases, are, by nature, forward-looking statements that involve a number of uncertainties and risks, and cannot be guaranteed. The words "anticipate," "believe," "estimate," "expect," "intend," "will" and similar expressions relating to Sybase and its management may identify forward-looking statements. Such statements are intended to reflect Sybase's current views with respect to future events and may ultimately prove to be incorrect or false. Factors that could cause actual events or results to differ materially include delays or the inability to complete the Coboplan acquisition, integration difficulties, technical and product synergies and benefits not materializing, shifts in customer demand, rapid technology changes, competitive factors and unanticipated delays in scheduled product availability. These and other risks are detailed from time to time in Sybase's Securities and Exchange Commission filings, including, but not limited to, its annual report on Form 10-K and its quarterly reports on Form 10-Q (copies of which can be viewed on Sybase's Web site). Sybase, iAnywhere, iAnywhere Solutions, Answers Anywhere, M-Business Anywhere, RFID Anywhere and SQL Anywhere are trademarks, registered trademarks or service marks of Sybase, Inc. or its subsidiaries. (R) indicates registration in the United States of America. The Bluetooth trademark and logos are owned by Bluetooth SIG, Inc. and any use of such marks by iAnywhere is under license. All other company and product names mentioned may be trademarks of the respective companies with which they are associated.
For Financial Inquiries, Contact:
For Press Inquiries, Contact: Lynne Farris (lynne.farris@sybase.com) |






