hd to pc

SAP announced its intention to acquire Sybase - American manufacturer of software for business analysis - for 5.8 billion dollars. Ordinary shares of Sybase will be priced at $ 65 apiece, according to an official press release. Allowance to the average market value of shares over the past three months was 44 per cent.

The transaction will be financed through cash assets SAP, as well as the loan of 2.75 billion euros from Barclays Capital and Deutsche Bank. The parties have signed a definitive merger agreement and the board of directors approved the deal Sybase. The transaction will be completed after approval by competition authorities.

Under the agreement, as the buyer will make the U.S. division of SAP - SAP America, Inc. As a result of the transaction, both companies expect to benefit from synergy effects in all product lines and markets. Thus, SAP hopes to significantly increase the number of customers, primarily due to market mobile users.

The company Sybase will continue to operate as a separate entity within SAP. Sybase leaders keep their seats and ispolnitelny director and head of the Board of Directors John Chan (John S. Chen) will be included in the Board of Directors of SAP.