SAP disclosed the Alameda County court’s approval today in a statement distributed by PR Newswire. The investors’ lawsuit claimed the price SAP paid to Sybase shareholders was too low and that information about the acquisition was “insufficient,” according to the statement. Under the settlement, investors were given additional disclosures about the acquisition, according to the statement.
Smartphone usage is growing exponentially, with new mobile device shipments expected to increase by 55 percent in 2010. In addition, Android and Apple iOS devices are expected to own 31 percent of global market share by year’s end.1 Increasingly the same device is being used for personal use, business use and for accessing entertainment and carrier-provided services. This fundamental shift in behavior offers tremendous productivity increases but also represents new security and management challenges for three key groups – IT organizations, consumers and communication service providers.
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