Blockbuster Acquisition: SAP Gobbles up Business Objects
10 Oct 07
Everyone expected SAP AG to make a big business intelligence (BI) move of some kind, but few industry watchers anticipated a move of this size. SAP on Monday said it was acquiring BI and performance management (PM) powerhouse Business Objects SA for the princely sum of $6.8 billion. The two companies position the acquisition as a "friendly takeover."
Source:
ESJ
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