SAP announces that it is buying Business Intelligence software provider Business Objects for $6.8 billion on October 7, 2007.
This past Monday, Informatica announced that it is buying Itemfield for $55 M. Itemfield offers data transformation products for unstructured and semi-structured data, which complements Informatica’s current offerings.
On Wednesday, Business Objects reported Q3 earnings of 41 cents per share after adjustment of one-time charges, beating the consensus estimate of 34 cents. Revenue was $310.4 M, ahead of the consensus estimate of $295 M. License revenue was $132 M (up 9% YoY), while service revenue was $179 M (up 27% YoY). Yesterday, MicroStrategy […]
BI software vendor Business Objects announced today that it is buying London-based Armstrong Laing for about $56 million in cash. Armstrong Laing’s Enterprise Performance Optimization Suite has strong collaborative planning and multidimensional modeling capabilities. For the latest fiscal year, Armstrong Laing reported revenue of $19 million. The official announcement can be viewed here. Business Objects […]
I had the chance recently to attend a session where MicroStrategy representatives discussed the new features implemented in the new MicroStrategy 8. There were basically two improvements over the prior version: 1. MicroStrategy 8 added plenty of features for users to generate nice-looking reports. 2. MicroStrategy 8 added additional data source connectivity capabitilies. That was […]