Click here to receive your FREE subscription to Campus Technology
News
IBM To Nab BI Tech Firm Cognos
11/12/2007
IBM said today it's entered into a definitive agreement to acquire Cognos, a firm that provides business intelligence technologies to K-12 and higher education and other sectors. The deal is still dependent on shareholder and regulatory approval and other conditions but is expected to close in the first quarter of 2008 and is valued at about $5 billion.Cognos is a provider of several technologies used in education, including alumni management, enrollment and tuition planning, finance, human resources, marketing, and other business intelligence and performance management solutions based on open standards and built on a service-oriented architecture (SOA).
IBM said the deal supports its "Information on Demand strategy" and will result in IBM becoming "the leading provider of technology and services for business intelligence (BI) and performance management, delivering the industry’s most complete, open standards-based platform with the broadest range of expertise to help companies expand the value of their information, optimize their business processes, and maximize performance across their enterprises."
IBM said it will integrate Cognos as a group into its Information Management Software division following the acquisition and will appoint Rob Ashe, currently president and CEO of Cognos, to head up the group.
Cognos has more than 25,000 customers, including several colleges, universities, and school districts.
Read More:
About the author: Dave Nagel is the executive editor for 1105 Media's educational technology online publications and electronic newsletters. He can be reached at dnagel@1105media.com.
Have any additional questions? Want to share your story? Want to pass along a news tip? Contact Dave Nagel, executive editor, at dnagel@1105media.com.
Cite this Site
copy text (above) for proper citation
Recommended Reading
- Zoho Launches Online Document Management Tool
Online collaborative technology developer Zoho has launched its new Zoho Docs, a Web-based document management tool that's designed to integrate with Zoho's online spreadsheet, presentation, and document creation software.
- Red Hat Makes Strategic Virtualization Buy
Open source server distributor Red Hat Inc., which is carving out a virtualization path unique in the industry, added another arrow to its quiver Thursday with the acquisition of Qumranet Inc.
- Security Exploits to Google Chrome Browser Emerge
Google's Chrome Web browser--complete with quirky marketing comic book--made a splash when announced Tuesday, but what a difference a day makes. On Wednesday, proof-of-concept bugs affecting the Internet app were disclosed. Chrome is still early in its first public beta.
- Sun xVM VirtualBox 2.0 Hypervisor Adds 64-bit Support, Bolsters Performance
Sun Microsystems this week rolled out version 2.0 of its xVM VirtualBox. The product is a cross-platform, open source hypervisor that supports hosts ranging from Mac OS X and Windows to Solaris and 18 varieties of Linux.
- Rarity for China Schools: Nanjing University Deploys Campus-wide Wireless LAN
Nanjing University of Posts and Telecommunications in China has deployed a campus-wide wireless LAN (WLAN) from Motorola. The WLAN will enable multimedia Internet-based teaching, automatic academic office management, Internet access, long-distance teaching, and other services. Nanjing University of Posts and Telecommunications is one of the few universities in China to provide complete wireless LAN coverage to every building in addition to the campus' outdoor spaces.
- Pac-10 Teams Score Competitive Insight with BlueArc Storage
The Pacific-10 Conference (Pac-10), a group of sports teams from 10 colleges and universities, has expanded the use of its BlueArc Titan storage solution housed at the University of California, Los Angeles (UCLA) to store dozens of terabytes of game footage. In the 2008-2009 season, all of the Pac-10 football, women's volleyball, and men's and women's basketball teams will access opponents' video for competitive analysis from Titan storage.
