Search
 

Business Objects scoops up Cartesis

Business Objects, a French $1.3 billion provider of business intelligence (BI) software, announced on April 23 that it was acquiring privately held Cartesis S.A. for ...

By Staff Writer | Updated on April 24, 2007

Business Objects, a French $1.3 billion provider of business intelligence (BI) software, announced on April 23 that it was acquiring privately held Cartesis S.A. for $300 million. Cartesis, an enterprise performance management company, provides financial reporting, consolidations and planning capabilities, as well as a new governance, risk and compliance (GRC) portfolio. Cartesis, with annual revenues of $125 million, was founded in 1990 and has 1,300 customers worldwide. The acquisition comes less than a week after Oracle Corp. closed on its $3.3 billion for Hyperion Solutions.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.