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October 8, 2007

Business Objects (BOBJ) gets acquired!


Well, I know it only seems that I blog after an acquisition, and I have to admit that I have got to get better about logging on more often to write, but wow, yet another acquisition in data management country.

SAP decides to enter the acquisition frenzy and purchase Business Objects for $6.8B. For those of you who don't watch this market that much, that is a huge deal for SAP. SAP has traditionally been a not invented here kind of place and has tended to build rather than buy. Most of their acquisitions are of small technology firms... so for them to belly up to the bar and buy BOBJ, that is like buying a dozen pints and downing them all.

Regardless, this continues to be exciting times in data management land with ongoing consolidation. The downside is that while the number of large suppliers is thining, there is little investment in the market from the VC community. It could be that all of the easy ideas have been implemented, but that is usually a good thing for startups since most big innovation in software has come from the start up community in recent years.

Posted by Todd Goldman at October 8, 2007 10:00 AM

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