IBM Acquires Cognos
IBM has boosted itself into the top tier of business intelligence (BI) with
the announced acquisition
of Cognos Inc. for $5 billion
. IBM said Cognos will be integrated into its
information management software division.
Cognos has long been a leader in BI, which is the ability to use stored data
to glean clues about the performance of a particular aspect of business. Its
acquisition by IBM follows similar acquisitions by other large enterprise software
companies this year; software giant SAP
AG acquired Business Objects SA and Oracle
snapped up Hyperion Solutions.
Do you use BI software with your databases? Are you concerned about the acquisition
of your preferred BI vendor? Let me know at firstname.lastname@example.org.
Posted by Peter Varhol on 11/13/2007 at 1:23 PM