History
AvantGo was founded in 1997 - based in San Mateo. It quickly grew to nearly 400 employees and went public on September 28, 2000. IPO price was $12/share and it closed the day up $8 at $20/share - with a market cap of nearly $1 Billion. On Dec 12, 2002, the company was sold to Sybase for $38 Million - only a bit more than the cash it had on hand.
Since June 2008, AvantGo displayed on their main page and on the device web browser that all synchronization and channel services would be shut down on June 30, 2009.
The AvantGo service is now owned and operated by Sybase 365, a subsidiary of Sybase, Inc. It is now a managed ad insertion platform focused on SMS ad campaigns AvantGo - Sybase Inc.
Read more about this topic: Avant Go
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