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Business Objects search to be acquired

According to a French daily newspaper published on Saturday, Le Figaro, Business Objects mandated Goldman Sachs bank to search for potential candidates to an acquisition of the number one BI vendor.
The newspaper, without revealing sources, write that five candidates have been approached and that one of them could enter in an exclusive negotiation phase during a couple of weeks. In this list of five, SAP could be on the top of the podium but IBM could be interested. Even if nothing is said about the three others, nobody imagine that companies like Oracle or Microsoft could not look at the figures.
Regarding a market capitalization of around 3 billion dollars this deal is reserved to a short list of large international software vendors.
Last week, Business Objects have announced its new suite EPM XI, compilation of its last acquisitions (Cartesis, ALG Software, SRC…) to create a first global suite of products designed for Business Performance Management in large organizations. A new product viewed a major by financial analyst Oddo which see Business Objects as a main leader in BPM due to the organic growth of this market and a lowest competition following multiple acquisitions last months in this market.

  Posted by pnieuwbourg on September 16, 2007 12:05 PM |

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