More SAP/BOBJ details
Business Objects, which has dual headquarters in Paris and San Jose, Calif., had been rumored to be a takeover target for more than a month. Its share price had risen about 15 percent in the last few weeks, as SAP, Oracle and I.B.M. were all said to be interested in buying the company.
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Business Objects was the largest of the publicly traded business intelligence companies, which include Cognos and MicroStrategy. There are also a few significant privately held business intelligence software companies, and SAS, headquartered in Cary, N.C., is by far the largest.
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