SAP Corporation Acquires Sybase for $5,800,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ac933a32-bdb0-4787-9c80-1202d27cd723&Preview=1
Date
5/12/2010
Company Name
Sybase
Mailing Address
One Sybase Drive Dublin, CA 94568
Company Description
Today, Sybase (NYSE: SY) is the largest global enterprise software company exclusively focused on managing and mobilizing information from the data center to the point of action. Our open, cross-platform solutions securely deliver information anytime, anywhere, enabling customers to create an information edge.
Website
http://www.sybase.com
Transaction Type
M&A
Transaction Amount
$5,800,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Under the terms and conditions of the merger agreement, SAP America, Inc., will make an all cash tender offer for all of the outstanding shares of Sybase common stock at $65.00 per share, representing an enterprise value of approximately $5.8 billion.