Sybase to acquire Aleri
First Published Friday, 5 February 2010 from Automated Trader : Complex Event Processing News
Sybase confirms Aleri purchase
Dr. Raj Nathan, Senior Vice President and CMO, Sybase: "Our customers increasingly expect Sybase to provide a broad analytics portfolio to meet their growing needs and we are committed to continue to deliver on this vision."
Sybase has announced that it has finalized an Asset Purchase Agreement with Aleri Inc.
"With this transaction Sybase positions itself as a clear market leader in CEP. We have strengthened our real-time analytics platform, by adding Liquidity Risk Management and the industry leading Liquidity Management Suite," said Dr. Raj Nathan, Senior Vice President and CMO of Sybase. "Our customers increasingly expect Sybase to provide a broad analytics portfolio to meet their growing needs and we are committed to continue to deliver on this vision."
CEP is an integral part of real-time analytics and with this acquisition, Sybase hopes to strengthen its overall analytics platform and leadership position to better meet the needs of enterprises requiring real-time analytics processing.
"The addition of Sybase development resources to the Aleri platform will accelerate the pace of innovation adding new features to the CEP engine," said Jerry Baulier, Vice President, Engineering of Sybase, (former CTO and VP Engineering of Aleri). "Furthermore, Aleri customers will benefit from the strength of Sybase's worldwide customer support organization."
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