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Business Objects Searching for a Buyer

Originally published September 17, 2007

By Philippe Nieuwbourg for the Business Intelligence Network 

According to the Saturday, September 15, 2007, issue of the French daily newspaper Le Figaro, Business Objects has mandated Goldman Sachs to search for potential candidates to acquire the number one business intelligence (BI) vendor.

The newspaper, without revealing sources, wrote that five candidates have been approached and that one of them could enter into an exclusive negotiation phase during the next few weeks. In this list of five, SAP AG could be on the top, but IBM could also be interested. Even if nothing is said about the three others, nobody imagines that companies like Oracle or Microsoft would not look at the figures. With a market capitalization of around $3 billion, this deal is reserved to a short list of large international software vendors.

Last week, Business Objects announced its new suite EPM XI, a 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. The new product is viewed as groundbreaking by financial analyst Oddo, which sees Business Objects as a main leader in business performance management due to the organic growth of this market and lower competition following multiple acquisitions in this market over the last few months. 

About the Author: Philippe Nieuwbourg is a French IT analyst and independent journalist. Owner of BNTP, Inc., Philippe Nieuwbourg operates nine French language websites and is widely recognized as the leading independent business intelligence and data warehousing analyst in France. Analyst, author, and consulting specialist in information technologies, Philippe has worked independently for 20 years to analyze and advise his readers and customers in the fields of communication and information technologies. He is one of the first in France to have anticipated the importance of online professional communities with information and user exchange.

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.