RealTime IT News

AvantGo(es) iAnywhere in $38M Deal

B2B software firm Sybase on Friday zeroed in on the wireless sector, announcing a $38 million all-cash deal to purchase Hayward, California-based AvantGo and fold it into the iAnywhere Solutions subsidiary.

As part of Sybase's iAnywhere, AvantGo will target wireless middleware for mobilizing Web content. More importantly, it lets Sybase expand in the B2B mobile market with the addition of AvantGo's offline Web capabilities and the popular premium MyAvantGo service.

The plan is to use AvantGo's software within iAnywhere to deliver an end-to-end m-Business platform that targets enterprise mobility of Web content, corporate data and applications. The acquisition is expected to close during the first quarter next year.

AvantGo, which has struggled to make money from its business and consumer focused mobile software, claims more than 7 million registered users for its content channel services but the bulk of its revenues come from licensing revenues for its AvantGo M-Business Server products, which are typically based on fixed-fee agreements.

In the deal, Sybase also pockets AvantGo's customer relationship management (CRM) software suite which provides chain management and field force automation mobile business applications and the AvantGo M-Business server products, for for applications and the Web.

Another crucial part of Friday's acquisition is the Pylon Pro desktop-based software that provides remote access to Lotus Notes personal information management (PIM) applications, e-mail and custom Notes databases and applications from Palm OS and Pocket PC mobile devices.

Sybase markets software that integrates platforms, databases and applications for enterprise clients and the move to grab a known brand in the wireless B2B sector will help fuel growth in the emerging mobile middleware market, according to iAnywhere president Terry Stepien.

Once the deal closes, Stepien said iAnywhere would open its mobile database to a new audience -- enterprise Web developers and expand the enterprise reach of AvantGo's products and applications through Sybase's channels and more than 700 embedded database partners.