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SAP: Article

Who Will Acquire Business Objects: SAP, IBM, or Oracle?

The company has commissioned Goldman Sachs to find a suitor, claims Le Figaro
By SAP News Desk
Article Rating:
September 17, 2007 08:45 PM EDT
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 17,124

The French daily Le Figaro published at the weekend a report that French-American software group Business Objects is in play and has commissioned Goldman Sachs to find a suitor.

Shares in the company, which has large market share in the Business Intelligence/Analytics market, rose strongly in trading on the Paris exchange.

Le Figaro's sources were not named, but it was enough to send shares up over 4%. 

Neither Bernard Liautaud, BOBJ's Chairman and Chief Strategy Officer, nor CEO John G. Schwarz has yet made any public comment. The company's  applications - which include data integration, performance management, query and analysis, and reporting functions - are used to measure profitability, determine marketing and sales effectiveness, automate human resources functions, and analyze customers and vendors.

Published September 17, 2007 – Reads 17,124
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
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