Sybase and Home Financial Network Form Financial Services Subsidiary

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SAN FRANSCISO--Sybase will acquire Home Financial Network (HFN) and the two companies will form a new subsidiary that will focus on e-finance technology, products and services for global financial institutions.

The new subsidiary, as yet unnamed, will provide end-to-end Internet financial solutions as well as broad-based financial middleware solutions. It will use Sybase’s Financial Server (SFS) along with the Total Web Financial System and Stage III Architecture from HFN. SFS as a business unit

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