Feeds

Business Objects buys Crystal Decisions

Bulking up against SAS

  • alert
  • submit to reddit

High performance access to file storage

Business Objects is to buy Crystal Decisions, a rival business intelligence (BI) software vendor, for approx $820m, of which $300m is cash.

The combined company will present a bigger challenge to SAS Institute, the dominant BI player most famous for its data mining software. The proposed consolidation will also present a challenge to Cognos, the third biggest player in this market.

Business Objects reckons the acquisition will be accretive to earnings in 2004, even without expected cost savings of $25m for the year, but before accounting for the purchase price.

Crystal Decisions has sold 14 million licenses for its report authoring software For the twelve months ended March 2003, Crystal Decisions' revenue was $270 million.

According to Business Objects, the deal joins two of the "strongest-performing companies in enterprise software, with highly complementary products, distribution channels, and talent pools".

Both companies think that customers will be looking for a one-stop shop for their BI software. says Jon Judge, Crystal Decisions, CEO. "In the business intelligence market, size and scale will be key ingredients to long-term success."

But more bulking up will be needed if the new combo is to match SAS. The privately-held company claims annual revenues of more than $1bn, compared with the approx. $700m of Business Objects/Crystal Decisions. ®

High performance access to file storage

More from The Register

next story
European Court of Justice rips up Data Retention Directive
Rules 'interfering' measure to be 'invalid'
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Bored with trading oil and gold? Why not flog some CLOUD servers?
Chicago Mercantile Exchange plans cloud spot exchange
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
IT bods: How long does it take YOU to train up on new tech?
I'll leave my arrays to do the hard work, if you don't mind
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.