IBM Buys Cognos: Yet Another BI Juggernaut Is Formed

by Curt Hall

IBM's latest announcement that it plans to buy BI vendor Cognos, Inc. for approximately US $5 billion continues efforts by the major enterprise players to bolster their positions in the lucrative market for BI and analytics through strategic acquisitions. IBM's acquisition of Cognos is key to IBM remaining a major player in the BI market following on the heels of SAP AG's recent acquisition of Business Objects and Oracle's acquisition of Hyperion.

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IBM Buys Cognos: Yet Another BI Juggernaut Is FormedTue Nov 20 08:41:22 CDT 2007