IBM has agreed to buy business intelligence and performance management software maker Cognos for $5 billion.
Ottawa based Cognos has 3,500 employees and serves more than 23,000 customers in over 135 countries. The acquisition follows SAP’s acquisition of Cognos competitor Business Objects for €4.8 billion October 7. FT.com has more.
Microsoft has announced that it has entered into an exclusivity agreement “around its intention to acquire Musiwave SA, an Openwave company and a leading provider of mobile music entertainment services to operators and media companies.”
Microsoft will use Musiwave’s relationships with music labels to deliver improved content choice to a variety of Microsoft products, including Windows Mobile, Zune, MSN and Windows Live.
Terms of the acquisition were not disclosed.
oh! God IBM as a has been company! Cognos another good company will be destroyed. At least it creates opportunity for the rest of us.
A picture really is worth a thousand (scratch that, billion) words…
I’m surprised IBM didn’t buy Axway first.
To me it looks like a good decision by IBM to buy Cognos. I am waiting to see what improvements they will bring on board to get Cognos forward.
Lol … and i just can buy a new pc… $800,00..