Sybase Acquires Aleri!!!
4th Feb 2010, Sybase, Inc. (NYSE: SY), 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.”
Keep Rocking sybase!!!
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. The full report can be found at http://www.forrester.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.Check the Sybase Wiki @ sybasewiki.com