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Sybase Finalizes Asset Purchase Agreement with Aleri

Originally published February 4, 2010

Sybase, Inc., an industry leader in enterprise and mobile software, recently announced it 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, added Liquidity Risk Management, and the industry leading Liquidity Management Suite,” said Dr. Raj Nathan, SVP 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 bya strong strategy." Aleri is recognized as a stand out leader in CEP in the Forrester Research, Inc., independent report published August 4,2009 --“The Forrester Wave: Complex Event Processing (CEP) Platforms,”Q3 2009.

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.