Sunday, October 07, 2007

SAP agrees 4.8-billion-euro buyout of Business Objects - Yahoo! News

More on the ~$6.8B SAP/BOBJ deal

The purchase marks a radical change of strategy for SAP, which in contrast to its US rival Oracle which spent more than 25 billion dollars on acquisitions since 2004, has instead opted more for organic growth.

SAP also bought management software producer Hyperion in March for 3.3 billion dollars.

SAP agrees 4.8-billion-euro buyout of Business Objects - Yahoo! News

3 comments:

Anonymous said...

I thought that it was Oracle that acquired Hyperion - NOT SAP??

pbokelly said...

That's correct -- Oracle acquired Hyperion, and SAP just acquired Business Objects.

pbokelly said...

Thanks for the catch -- I didn't notice the error in the original article in the first place...