'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 Dereck Daymond, Managing Director at Sybase Australia and New Zealand. '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.'
CEP is an integral part of real-time analytics and with this acquisition, Sybase strengthens its overall analytics platform and leadership position to better meet the needs of enterprises requiring real-time analytics processing.
'The addition of Sybase development resources to the Aleri platform will accelerate the pace of innovation adding new features to the CEP engine,' said Jerry Baulier, Vice President, Engineering of Sybase, (former CTO and VP Engineering of Aleri). 'Furthermore, Aleri customers will benefit from the strength of Sybase's worldwide customer support organisation.'
According to Forrester Research, "The Aleri platform is a strong product backed by a strong strategy." Aleri is recognised as a standout leader in CEP in the Forrester Research, Inc., independent report published August 4, 2009 --'The Forrester Waveâ„¢: Complex Event Processing (CEP) Platforms,' Q3 2009. The full report can be found at www.forrester.com.
Aleri is also the first CEP vendor to have published STAC-certified (Securities Technology Assessment Centre) Benchmarks.
The terms of the transaction are not being disclosed and Sybase does not expect the transaction to have a material impact on 2010 financial results.