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Business Objects Acquires [email protected]

Business Objects announced the acquisition of [email protected] Inc., which it purchased for about $15 million. Business Objects is a business intelligence (BI) solutions provider, and [email protected] is a provider of OLAP (online analytical processing) tools.

Using the [email protected] (www.olapatwork.com/) office in Ottawa, Canada, Business Objects (www.businessobjects.com/) will establish a Canadian headquarters and a new development center. The company will continue to support existing [email protected] products as well as integrate products into current and future solutions in the Business Objects product line.

In addition to rounding out its BI solutions with OLAP tools, Business Objects plans to use the acquisition to further enhance existing products which are built on top of Microsoft Corp. (www.microsoft.com/) and SAP AG (www.sap.com/) products. Both Business Objects and [email protected] have a long-standing relationship with Microsoft. --Alicia Costanza

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

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