Sybase, Inc. has announced an agreement to acquire New Era of Networks (also known as NEON). 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 an e-Business infrastructure provider.
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applications including those from SAP , Siebel , i2 and BroadVision . According to John Chen, chairman, president and CEO of Sybase, With NEON, Sybase will be able to capitalize on the most important segment of the e-Business marketplace - one that necessitates the integration of existing applications with new e-Business applications. With this, Sybase can join the top-echelon of e-Business infrastructure providers, capably servicing some of the most demanding environments in the world. Market Impact