Few companies get a chance at a second life. When John Chen signed on as CEO of Sybase 12 years ago, the database software vendor was, in Chen's words, "a very, very dead company." Once a strong competitor to Oracle, Sybase had missed an opportunity to push into the enterprise application market Oracle now leads.
Over the next 10 years or so, Chen and his team helped Sybase turned around and reinvent itself as an enabler of the "unwired enterprise." Then, last month, enterprise software bigwig SAP signed a merger agreement with Sybase, citing the compmany's leadership in both mobile and in real-time analytics. The deal was valued at $5.8 billion.
Since that deal was announced, Sybase has had little to say. But in March, before rumors about the merger began circulating, John Gallant, Chief Content Officer for IDG Enterprise (IDGE), and Eric Knorr, Editor in Chief of InfoWorld, sat down with Chen for an hour-long chat as part of IDGE's CEO Interview Series. The interview explored how Chen was able to rescue Sybase and establish it as a key mobile enterprise player. The result: A discussion rare in its frankness - one that offers retroactive insight into the real reasons SAP found Sybase so attractive.
Excerpts from that interview follow.