Continuing along an almost-disturbingly disruptive trend, SAP AG announced today its intention to acquire OutlookSoft. I just met with Phil Wilmington, OutlookSoft's CEO at the Gartner BI Conference in March, and also with folks from SAP Netweaver's Performance Management team, so please enjoy those extremely intructive past posts.
Earlier this year, Wilmington made the following comments in response to Oracle's acquisition of Hyperion. I see now that it could be applied to today's news:
"Consolidation is going to continue to happen this year. We view this as a distinct market opportunity for OutlookSoft to show Hyperion customers what's available to them NOW in terms of Performance Management innovation - not 12 months from now. Moving forward, customers will continue to demand pure-play BPM and not bolt-on pieces of technology, which presents a major opportunity for pure-play vendors in the space. Two big players will no longer dominate the space."
Here is the raw ebizQ news. More as I get it. I'll see if I can get an interview with someone on Wednesday.
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