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AOL, Sybase, others acquire to gain new ground

AOL, Sybase and Informix tap their buying power, each nabbing smaller companies in plays to branch out and enter new markets.

CNET News staff
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AOL, Sybase and Informix tap their buying power, each nabbing smaller companies in plays to branch out and enter new markets.

 
AOL buys wireless software firm
In a move to further solidify its "AOL Anywhere" strategy, the giant Internet service provider acquires Tegic Communications, which specializes in text entry for wireless devices.

Sybase buy creates financial services unit
Database software maker Sybase today agreed to acquire Internet financial services company the Home Financial Network for $130 million to create a new global financial services company.

Informix nabs Ardent Software
Database software maker Informix agrees to acquire data management software company Ardent Software in a stock deal worth about $880 million.