Wednesday, February 15, 2006
Update: Business Objects sweeps up Firstlogic
Update: Business Objects sweeps up Firstlogic: "Business Objects SA has announced a new addition to its rapidly expanding business intelligence (BI) suite.
Business Objects said today it will acquire Firstlogic and its data quality products. Business Objects, a publicly-traded company with dual headquarters in San Jose, Calif. and Paris, will pay approximately $69 million in an all-cash transaction for Firstlogic, a privately-held company headquartered in La Crosse, Wis. The transaction is subject to regulatory approvals and other customary closing conditions, and is expected to be completed in the second quarter of 2006. "
Business Objects said today it will acquire Firstlogic and its data quality products. Business Objects, a publicly-traded company with dual headquarters in San Jose, Calif. and Paris, will pay approximately $69 million in an all-cash transaction for Firstlogic, a privately-held company headquartered in La Crosse, Wis. The transaction is subject to regulatory approvals and other customary closing conditions, and is expected to be completed in the second quarter of 2006. "