Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 08 October 2007 13:12

SAP will buy Business Objects

Written by David Stellmack

Image

Deal worth 4.8 billion Euro


 

SAP AG and Business Objects S.A. have announced that the two companies have reached an agreement that will unite the two information technologies companies.  Under the terms of a tender offer agreement SAP will make a cash offer of 42.00 Euros per common share, with the total agreement amounting to about 4.8 Billion Euro.

SAP has more than 41,000 customers worldwide running SAP applications in more than 120 countries.  SAP has focused its growth in the Business User segment, and has grown from its delivery of the first business process platform to its enterprise SOA platform, SAP NetWeaver, and on to its launch of the first complete on-demand business solution for midsized companies, SAP Business ByDesign.

Business Objects has its corporate headquarters in Paris, France and is recognized as a pioneer in business intelligence (BI) software. Business Objects has solutions in information discovery and delivery, information management, analysis and performance management categories that is uses for more than 44,000 worldwide customers.

The two companies announced that Business Objects will operate as a stand-alone business as part of the SAP Group.  A significant restructuring is not anticipated for either company.  The transaction is expected to close within the first quarter of 2008.

Last modified on Monday, 08 October 2007 16:11

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments