Technology and the Internet
The California Public Employees’ Retirement System asked other Sybase Inc. shareholders to change the board election process so all directors are elected annually, an effort to push the database software company to improve its financial performance.
May 14, 1998
Sybase Inc. said Monday that it will acquire Powersoft Corp. for about $940 million to form the world’s largest provider of client-server software, an increasingly popular tool used to link company branch networks to a central location.
Nov. 15, 1994
Sybase Inc. on Thursday said Chairman and Chief Executive Mitchell Kertzman will share the CEO title with President John Chen, as the struggling Emeryville-based database-software maker tries to return to profitability.
Feb. 27, 1998
Restructuring: Maker of software for databases will buy back stock. Earlier in week, it announced a 10% cut in work force.
Business
Sybase Inc.
July 9, 1997
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.
April 5, 1995
* Sybase Inc. announced the appointment of Ken Goldman as vice president, finance and chief financial officer, with responsibility for leading and directing finance and administration to support Sybase’s growth domestically and worldwide.
July 19, 1992
Nov. 4, 1998
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.
Feb. 22, 2001
Sybase Inc., trying to boost sales growth, will revamp its flagship database software product and most of its other programs this year, Chief Executive Mitchell Kertzman said.
Feb. 27, 1997