BI Industry Tightens One More Notch
And so it continues…..with IBM agreeing to acquire Cognos for approximately $5 billion [$58 per share]. The acquisition is subject to Cognos shareholder approval, regulatory approvals and other customary closing conditions, but is expected to close in the first quarter of 2008.
Following completion of the acquisition, IBM intends to integrate Cognos as a group within IBM’s [...]
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