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November 18, 2007Dell Buys Into SaaS; IBM Buys Cognos
In the latest of a string of SaaS acquisitions, Dell has signed an agreement to buy Everdream, a SaaS remote service management provider. eWeek reports that Dell looked at the deal in order to complement the capabilities it acquired when it purchased the MSP company SilverBack Technologies earlier this year.
In other acquisition news, IBM also recently announced plans to buy Cognos, a business intelligence and performance management software vendor. Now, Cognos is not a strictly SaaS company but it does play in the space -- and Cognos itself recently announced a partnership with Daptiv (formerly eProject), which Intelligent Enterprise called the "tip of the Cognos SaaS iceberg." The Intelligent Enterprise article also speculates that IBM's intentions to "complement its Service Oriented Architecture strategy" with the buy may mean it intends to compete in the same space as SAP/Business Objects target with their union.
Commenting on the move, Judith Hurwitz wrote a piece for IT-Director.com in which she concluded that the deal makes a lot of sense for IBM and predicted that HP would begin targeting acquisitions in the same space.
Tags: saas, BI, business intelligence, IBM, Cognos, Dell, eProject, Daptiv, Everdream, acquisitions,
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