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Sybase 365, a subsidiary of Sybase, Inc. , leads the world in the global delivery and settlement of mobile messaging interoperability, and the management and distribution of mobile content.
With Mobile 365’s technology, Sybase can now deliver any mobile message or application to any handset—anytime, anywhere,” said Mike Daniels, Mobile 365 executive chairman.
Mobile 365 will become Sybase Mobile 365, a wholly owned subsidiary led by Beard as its president. Sybase expects the acquisition to add to its profits within 12 months after the deal closes.
Sybase said that it expects 2007 earnings, including Sybase 365, of $1.01 to $1.03 a share on revenue of $1.02 billion.
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