BI News: SAP Acquires Business Objects

by Erin McCune on October 7, 2007

in BI and Performance Management

SAP is buying Business Objects for 4.8 billion euros ($6.8 billion) in a departure from its organic growth strategy. Up until now, SAP's largest acquisition was OutlookSoft earlier this year. Listen to the press conference tomorrow or listen to the replay. According to Business Object's Timo Elliott the plan is that CEO John Schwartz will run Business Objects as a "stand alone" entity, with OutlookSoft and Pilot rolled in. Time will tell…

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