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by Jeff Moad, MA Editorial Staff Posted on Thursday, January 17, 2008 4:15:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | After BusinessObjects' shareholders accept SAP's $6.8 billion buyout offer, the enterprise applications giant wastes no time laying out a product vision for the combined company.
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| Keywords: | SAP and Business Objects roadmap |
PALO ALTO, CA — A day after revealing that its $6.8 billion tender offer had been accepted by shareholders representing 82% of Business Objects' shares, SAP AG yesterday hit the ground running, announcing nine new performance optimization, business intelligence, and small and mid-size enterprise products that combine SAP and Business Objects software. SAP CEO Henning Kagermann and Deputy CEO Leo Apotheker, at a press conference here, also detailed SAP's long-term strategy for Business Objects, which, Kagermann said, will operate as an independent business unit of SAP under Business Objects CEO John Schwarz. SAP's $400 million business user division, which is responsible for the company's governance, risk, and compliance software and other products mainly targeting financial users, will become part of the Business Objects business unit. Doug Merritt, SAP corporate officer and head of the Business User division, will report to Schwarz. [Click to continue] |
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