Questions Abound As Sybase Moves To Acquire Neon
NEWS
EMERYVILLE, Calif.--Sybase recently announced plans to acquire middleware vendor Neon (New Era of Networks). The all-stock transaction, which is valued at approximately $373 million, will allow Sybase to create a new electronic business division to compete on a more even playing field with the likes of IBM and BEA, says Sybase senior vice president and general manager Raj Nathan.
Further details have yet to be worked out, Nathan says. Neon's product line will be integrated with Sybase's
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