"This acquisition positions Sybase with a powerful, end-to-end enterprise information mobility offering that, when combined with our industry-leading mobile database and mobile device management products, enables Sybase to deliver on the benefits of the Unwired Enterprise," said Chairman, President, and CEO John Chen, as Sybase completed today its $71.3M acquisition of Extended Systems.

The acquisition in a cash merger with a total diluted equity value of approximately $4.460847 per share.

"iAnywhere and Extended Systems have built solid businesses by listening to their customers and proactively addressing their evolving requirements. Combining these two companies will give us the opportunity to continue that progression by putting together the strengths of our products and the expertise of our people," said Terry Stepien, president of iAnywhere (pictured).

"iAnywhere is committed to the success of our customers as we deliver the industry's leading, most comprehensive mobile and embedded software solutions available."

All transaction closing conditions have been satisfied, the company said. Sybase intends to integrate Extended Systems into Sybase's iAnywhere subsidiary.

Founded in 1984, Extended Systems brings to Sybase its patented mobile technology, approximately 2,500 global enterprise customers and 2.5 million users. In addition, Extended Systems' mobile device solutions, including Bluetooth and infrared wireless technologies, have been incorporated into over 400 distinct mobile device designs by major global device manufacturers – representing millions of Extended Systems-enabled devices in the market. Headquartered in Boise, Idaho, Extended Systems has 180 employees in North America and Europe.