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September 17, 2007Business Objects for Sale
When I spoke to Paul Clark of Business Objects last March at the Gartner Business Intelligence conference, he said there was no way the Paris-based company would become part of a larger entity. They valued their independence. The company's buy of Inxight Software as well as Cartesis in the last year seemed to indicate a continued, sustained interest in steering the ship.
That is, until now. Reports out of Reuters yesterday has the company looking for a buyer, and SAP is said to be interested, along with Oracle and IBM, of course. Goldman Sachs has been called in to find the company a new investor.
In typical Business Objects fashion, the company says this is a rumor. And they said they don't report on rumors. More info on "the rumor" here.
Stock in Business Objects rose today on this news. More to follow as it comes.
Posted by elizabeth in
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Elizabeth Kratz's Business Agility Watch
