Seeking Alpha

John Chen, the CEO of SAP's Sybase unit, is resigning tomorrow. Sybase, acquired for $5.8B in...

John Chen, the CEO of SAP's Sybase unit, is resigning tomorrow. Sybase, acquired for $5.8B in 2010, is (along with Hana) central to SAP's plans to become a database giant that can go toe-to-toe Oracle and IBM, and also to its goal of becoming a mobile enterprise app leader - SAP hopes to generate $285M in 2012 mobile software sales, and co-CEO Bill McDermott expects the business to maintain triple-digit annual growth for "the forseeable future."
Comments (3)
  • Gloube
    , contributor
    Comments (105) | Send Message
     
    triple digit?
    30 Oct 2012, 02:26 PM Reply Like
  • PeakOiler
    , contributor
    Comments (298) | Send Message
     
    triple digit in mobile only.
    30 Oct 2012, 02:56 PM Reply Like
  • rklint
    , contributor
    Comment (1) | Send Message
     
    Anyone know why is he leaving?
    30 Oct 2012, 05:33 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs