German business software maker SAP AG has agreed to buy Sybase Inc. in a $5.8 billion deal that ratchets up SAP’s rivalry with database leader Oracle Corp.
The deal intensifies the battle between SAP and Oracle to run more of the programs that corporations use to manage their data.
Oracle is the world’s leading database maker a market where Sybase is a small player and has been on a buying binge in an attempt to take business in other areas from SAP.
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