Summary:

Sybase Plans to Acquire AvantGo: AvantGo, the wireless communications company, has been bought out by Sybase for $38 million. AvantGo’s soft…

Sybase Plans to Acquire AvantGo: AvantGo, the wireless communications company, has been bought out by Sybase for $38 million. AvantGo’s software allows people to transfer data to mobile devices. AvantGo is best known for creating a subscription-based mobile portal with many channels of media content rendered so that it could be comfortably viewed on a smartphone or handheld computer — back in the days when that was going to take over the world. The company has signed up more than 7 million users on its MyAvantGo portal. But most of its business comes from corporate customers. Sybase, which makes software for corporate use including databases and portals, said AvantGo will be combined with its iAnywhere Solutions subsidiary.

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