A New Era Dawns for Sybase
M. Reed - March 8, 2001

Event Summary

Sybase, Inc. (NASDAQ: SYBS) has announced an agreement to acquire New Era of Networks, also known as NEON, (NASDAQ: NEON) in a stock-for-stock trade valued at approximately $373 Million. After completion, Sybase will create a new e-Business division integrating NEON and other parts of its product suite. Within the last month, Sybase has announced record earnings and completed a three-year re-engineering effort to transform themselves from a database vendor to a provider of e-business solutions...