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Sybase Inc

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BUSINESS
May 17, 2000 | (Elizabeth Douglass)
Software firm Sybase Inc. of Emeryville, Calif., today will announce the formation of a subsidiary, IAnywhere Solutions, that will develop and sell mobile and wireless technologies and products for business users. The unit, also based in Emeryville, will include the firm's Mobile and Embedded Computing division and will start with 300 employees and grow to 350 by the end of the year.
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BUSINESS
November 4, 2013 | By Andrea Chang
In a stunning turn of events, BlackBerry announced Monday that its $4.7-billion buyout had fallen through, that it was no longer for sale and that Chief Executive Thorsten Heins was out. Shares of BlackBerry plummeted on the news, falling more than 16% in early trading in New York. Its shares were down 13% to $6.76 at 7:50 a.m. PST. The Canadian company said the slew of announcements marked the conclusion of its review of strategic alternatives, which had seen BlackBerry shopping itself around to several potential buyers in recent weeks.
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BUSINESS
February 22, 2001 | Reuters
Sybase Inc. shares tumbled nearly 19% as investors digested the potential impact of the software maker's plan to acquire New Era of Networks Inc., which makes software for e-business. Sybase executives said the purchase would dilute earnings in upcoming quarters but would position the company as a top player among companies that make products to integrate the different software systems that businesses use to streamline their operations.
BUSINESS
November 4, 2013 | By Andrea Chang
With BlackBerry's latest upheaval, the troubled company is again facing pressure to ditch its smartphones. In a stunning turn of events, BlackBerry announced Monday that a tentative deal to sell itself to a Canadian financial services holding company for $4.7 billion had collapsed, that it was no longer for sale and that Chief Executive Thorsten Heins was being replaced. Shares of BlackBerry plummeted, closing down $1.27, or 16.4%, to $6.50. Its stock has fallen 45% this year.
BUSINESS
December 5, 1998 | Bloomberg News
Sybase Inc. said it will divide the company into four units to improve its focus in areas that are growing more rapidly than its main database business. The Emeryville, Calif.-based company has struggled to return to rapid growth in revenue and profit amid slowing demand for its database software. Sybase is trying to sell more software that links mobile computers to corporate systems, tools for developers of Internet programs and software that lets companies more efficiently use databases.
BUSINESS
November 4, 2013 | By Andrea Chang
In a stunning turn of events, BlackBerry announced Monday that its $4.7-billion buyout had fallen through, that it was no longer for sale and that Chief Executive Thorsten Heins was out. Shares of BlackBerry plummeted on the news, falling more than 16% in early trading in New York. Its shares were down 13% to $6.76 at 7:50 a.m. PST. The Canadian company said the slew of announcements marked the conclusion of its review of strategic alternatives, which had seen BlackBerry shopping itself around to several potential buyers in recent weeks.
BUSINESS
November 4, 2013 | By Andrea Chang
With BlackBerry's latest upheaval, the troubled company is again facing pressure to ditch its smartphones. In a stunning turn of events, BlackBerry announced Monday that a tentative deal to sell itself to a Canadian financial services holding company for $4.7 billion had collapsed, that it was no longer for sale and that Chief Executive Thorsten Heins was being replaced. Shares of BlackBerry plummeted, closing down $1.27, or 16.4%, to $6.50. Its stock has fallen 45% this year.
BUSINESS
August 4, 1995 | Times Staff and Wire Reports
IBP Inc., the nation's largest meatpacker, was charged by the U.S. Agriculture Department with price discrimination in its purchase of cattle from feedlots . . . Nasdaq stock market officials said they are investigating the trading of Sybase Inc. shares, which they mistakenly halted a day earlier following a phone call from someone apparently posing as a company executive . . . U.S. Atty. Gen.
BUSINESS
February 22, 2001 | Reuters
Sybase Inc. shares tumbled nearly 19% as investors digested the potential impact of the software maker's plan to acquire New Era of Networks Inc., which makes software for e-business. Sybase executives said the purchase would dilute earnings in upcoming quarters but would position the company as a top player among companies that make products to integrate the different software systems that businesses use to streamline their operations.
BUSINESS
May 17, 2000 | (Elizabeth Douglass)
Software firm Sybase Inc. of Emeryville, Calif., today will announce the formation of a subsidiary, IAnywhere Solutions, that will develop and sell mobile and wireless technologies and products for business users. The unit, also based in Emeryville, will include the firm's Mobile and Embedded Computing division and will start with 300 employees and grow to 350 by the end of the year.
BUSINESS
December 5, 1998 | Bloomberg News
Sybase Inc. said it will divide the company into four units to improve its focus in areas that are growing more rapidly than its main database business. The Emeryville, Calif.-based company has struggled to return to rapid growth in revenue and profit amid slowing demand for its database software. Sybase is trying to sell more software that links mobile computers to corporate systems, tools for developers of Internet programs and software that lets companies more efficiently use databases.
BUSINESS
April 5, 1995 | Times Staff and Wire Reports
Sybase Stock Loses 41% of Its Value: On the first full day of trading since Sybase Inc. announced that its first-quarter results would fall below expectations, its stock fell $16.125 to close at $23 on the Nasdaq on volume of more than 32.1 million shares. Emeryville, Calif.-based Sybase, a maker of database software used mainly by large companies, has fallen behind competitors in its core products' flexibility.
BUSINESS
November 2, 1993 | From Times Staff and Wire Reports
Oracle Corp. Alleges Design Theft Attempt: The company said an employee of Gain Technology Inc., a unit of Sybase Inc., was arrested at Oracle's Redwood Shores, Calif., headquarters trying to smuggle out a disk drive containing Oracle database products for the Sun Sparc workstation platform. In a news release, Oracle said a police search of the man's apartment turned up design documents, marketing plans, competitive analyses and the source code for Oracle's Toolkit.
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