By Margarita Snegireva. Sybase Inc.'s second-largest shareholder, which wants the software maker to consider selling itself, said Friday it plans to nominate three candidates to the board at its 2008 annual meeting.
Sandell Asset Management Corp. plans to nominate Sandell Managing Director Nick Graziano, Yale Law School Professor and Deputy Dean Jonathan Macey and John S. McFarlane, interim president and chief executive of chip maker Exar Corp.
Sybase Inc. is a software company that produces products and services related to information management, enterprise mobility, mobile messaging, data warehousing and analytics, and development tools. Since 1984, Sybase has been a leader in developing innovative database technology and still maintains a significant and growing business around its relational database Adaptive Server Enterprise. Its global customer base includes 80 of the Fortune 100 and a strong presence in vertical markets such as financial services, telecommunications, health care and government.