“Mobile payments are an increasingly critical part of mobile computing, a core component of our Unwired Enterprise strategy,” said Marty Beard, president of Sybase 365. “The sheer number of people with access to a mobile phone in both developed and emerging markets around the world, means the mobile device has the potential to become a dominant vehicle for consumers to connect and transact conveniently, anytime, anywhere, fueling the mobile economy. This acquisition extends our offerings and capabilities to enable this mobile economy.”

A privately held company founded in 1999 and headquartered in Raunheim, Germany, paybox will be integrated into Sybase 365, a wholly-owned subsidiary of Sybase, Inc.

“Intelligent SMS delivers a significant value-added service that is unique to the mobile messaging industry,” said Cameron Franks, director of mCommerce Americas at Sybase 365, who will present at the conference. “As mobile banking continues to gain momentum, our natural language feature helps banks to improve customer interaction and service adoption.”