Casio invests $5 million in Sybase wireless subsidiary

Casio invests $5 million in Sybase wireless subsidiary

Sybase announced this week that Casio Computer has invested in its wireless database subsidiary, iAnywhere Solutions.

Casio will invest US$5 million into Sybase within the next 30 days, Sybase said in a statement. Sybase hopes the move will allow iAnywhere to increase its development of mobile and wireless applications for the mobile business market. IAnywhere currently offers its service for a variety of devices, including those running Microsoft's Windows CE, such as Casio's Cassiopeia.

The companies already jointly market their products, targeting markets including financial services, health care, sales force automation and field force automation markets. Casio embeds iAnywhere's mobile database and synchronisation technology, SQL Anywhere Studio, on its handhelds, including the Cassiopeia EG-800, IT-70 and IT-700. IAnywhere is developing applications targeting Casio devices based on its iAnywhere m-Business Studio electronic-business suite of mobile applications, Sybase said.

Casio and iAnywhere originally formed a global strategic alliance last year shortly after Sybase's announcement of iAnywhere software and services. Other wireless vendors, including Palm, Symbian and Research in Motion teamed up with Sybase when the company announced the iAnywhere platform.

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