Advisor

Business Objects Buys ALG Software

Posted September 19, 2006 | Technology |

Last week, Business Objects announced plans to acquire Armstrong Lang Limited Software (ALG), a vendor of profitability management and activity-based costing solutions, for approximately US $56 million. The acquisition is an all-cash transaction for all outstanding shares of ALG by Business Objects (UK) Limited, a Business Objects wholly owned UK subsidiary. Business Objects plans to use ALG's software and consulting expertise to boost its own line of business performance management offerings.

About The Author
Curt Hall
Curt Hall is a Cutter Expert and a member of Arthur D. Little’s AMP open consulting network. He has extensive experience as an IT analyst covering technology and application development trends, markets, software, and services. Mr. Hall's expertise includes artificial intelligence (AI), machine learning (ML), intelligent process automation (IPA), natural language processing (NLP) and conversational computing, blockchain for business, and customer… Read More
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