Sybase to acquire XcelleNet

In a $95.2 million cash deal, Sybase Inc. is acquiring XcelleNet Inc. of Atlanta, a provider of mobile data solutions.

The acquisition augments the Dublin, Calif., Sybase's capabilities in mobile database, mobile middleware and mobile and remote device management, and gives Sybase 2,200 new customers globally. The transaction is expected to close in the second quarter of 2004.