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SAP to acquire Business Objects

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SAP to Acquire Business Objects in Friendly Takeover

SAP AG (NYSE:SAP) and Business Objects S.A. (Nasdaq:BOBJ) (Euronext Paris ISIN code: FR0004026250 – BOB) today announced that the companies have reached an agreement that will bring together two of the information technology industry’s leaders, resulting in an unmatched offering for Business Users, enabling timely and accurate decision-making.

4 Responses to “SAP to acquire Business Objects”

  1. Charing says:

    lol when I saw the news couple of days ago, i remembered u haha
    SAP stock went down after the announcement though… people think the purchase might’ve been too expensive?

    October 11th, 2007 at 6:18 am PDT
  2. Scott Kuo says:

    Naw… I think that’s just taking some money out of the pot for inking the deal.

    October 11th, 2007 at 6:28 am PDT
  3. Charing says:

    so did you get any business object stock options while you’re there? ;)

    it would’ve made you quite a bit haha

    October 11th, 2007 at 7:50 am PDT
  4. Scott Kuo says:

    Co-ops at bobj don’t get stock options. BMO had stock purchase matching though, but I was poor at the time. :(

    October 11th, 2007 at 10:19 pm PDT