Salato : Ami-News: Avgo-Yhoo-Sunw-Inkt
SAN FRANCISCO, Dec 20 (Reuters) - Business software maker Sybase Inc. (SY) on Friday agreed to buy mobile software developer AvantGo Inc. (AVGO) for about $38 million in a bid to expand its presence in the wireless market, sending AvantGo shares soaring.
Shares of Sun Micro (SUNW: news, chart, profile) surged 10.4 percent in overnight trading, rising to $3.27. The big question on Tuesday is whether those gains hold.
Shares of Microsoft (MSFT: news, chart, profile) eased 19 cents overnight to $53.90 after Judge J. Frederick Motz ruled that Microsoft must carry Sun's Java programming language on its Windows operating system. See full story on the preliminary injunction