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.
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.