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

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