IBM + Cognos

by Erin McCune on November 12, 2007

in BI and Performance Management

Consolidation of the business intelligence industry continues as IBM makes a $4.9 offer for Cognos, a 9.5% premium over Friday's closing price. IBM has had a long standing partnership with Cognos. This is the third major acquisition this year: one month ago SAP offered $6.8 billion for Business Objects and in March Oracle bought Hyperion for $3.3 billion.

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