Sybase Positions Itself As A Clear Market Leader In CEP And Strengthens Its Real-Time Analytics Platform With Acquisition Of Aleri Assets
Sybase, Inc., an industry leader in enterprise and mobile software, today announced that it has finalized an Asset Purchase Agreement with Aleri Inc. Aleri is a leading provider of enterprise-class complex event processing (CEP) technology and CEP-based solutions.
"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 strengthens 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."
According to Forrester Research, "The Aleri platform is a strong product backed by a strong strategy." Aleri is recognized as a standout leader in CEP in the Forrester Research, Inc., independent report published August 4, 2009 --"The Forrester Wave: Complex Event Processing (CEP) Platforms," Q3 2009. For more information visit www.forrester.com.
Aleri is also the first CEP vendor to have published STAC-certified (Securities Technology Assessment Centre) Benchmarks.
The terms of the transaction are not being disclosed, and Sybase does not expect the transaction to have a material impact on 2010 financial results.
Sybase is an industry leader in delivering enterprise and mobile software to manage, analyze and mobilize information. We are recognized globally as a performance leader, proven in the most data-intensive industries and across all major systems, networks and devices. Our information management, analytics and enterprise mobility solutions have powered the world's most mission-critical systems in financial services, telecommunications, manufacturing and government. For more information, visit http://www.sybase.com., http://blogs.sybase.com.
Aleri is focused on providing tools and solutions that deliver Continuous Intelligence - allowing businesses to make better decisions through more timely insight and respond quickly to changing conditions. The centerpiece of this effort is Aleri's Complex Event Processing (CEP) technologies, designed for high speed real-time analysis of data streams, with tools for rapid application development and deployment. Aleri offers a range of solutions to common business problems, with CEP at the core of all solutions. In March of 2008, Aleri merged with Coral8, another leading provider of CEP technology enabling the company to offer a complete suite of tools and solutions focused on continuous intelligence and business agility in a fast paced business environment. Founded in 1999 and headquartered in Chicago, Aleri was privately held at the time of the transaction.
SOURCE: Sybase, Inc.