SAP Loses Sybase’s Chen After Gaining Blueprint for Deals
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SAP AG is losing a top executive from Sybase Inc., the largest acquisition in the German software company’s history, after fully integrating the maker of mobile applications for business management.
Sybase Chief Executive Officer John Chen will step down tomorrow after 15 years at the Dublin, California-based software maker, which was taken over by SAP in 2010 for $5.8 billion. The 57-year-old Hong Kong native helped expand SAP’s customer base from back offices to iPad wielding salespeople who need access to corporate data while on the go.