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November 12, 2007

IBM Acquires Cognos

IBM Acquires Cognos for $5 Billion

Well, this raises a couple of questions, doesn't it?

  1. I wonder how many deals Cognos was able to close as "the only major pure-play BI vendor," as they called themselves in the five weeks since SAP acquired Business Objects?
  2. If you have been considering Applix's TM1 product for a financial reporting or budgeting solution, did you have any clue that you would ultimately be dealing with IBM three months ago?

Just asking...