What the IBM Purchase of Cognos Means

By Michael Hickins  |  Posted 11-12-2007 Print Email

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IBM says the acquisition of Cognos will help it deliver the "next generation" of BI tools that customers will require as markets become increasingly global and competitive.

IBM announced that it intends to acquire business intelligence software vendor Cognos, a publicly held company based in Ottawa, Ontario, Canada, for approximately $5 billion in cash.


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