TITLE

SAP, Cognos try to ease concerns

AUTHOR(S)
Ferguson, Renee
PUB. DATE
January 2008
SOURCE
eWeek;1/21/2008, Vol. 25 Issue 3, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the acquisition deals involving business intelligence (BI) enterprises in the U.S. It states that SAP AG has acquired software developer Business Objects SA for a disclosed deal of $6.7 billion on January 16, 2008. SAP stresses that the deal aims to strengthen and further promote its BI software to customers with the integration of Business Objects' software. Meanwhile, International Business Machines (IBM) Corp. plans to acquire Cognos Inc. in a tender offer valued at $5 billion. Cognos points out that its anticipated deal with IBM will help the company enhance the development of an effective performance strategy as well as carry out the development of innovative products.
ACCESSION #
28652791

 

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