| By SAP News Desk |
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| September 17, 2007 08:45 PM EDT |
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17,134 |
The French daily Le Figaro published at the weekend a report that French-American software group Business Objects is in play and has commissioned Goldman Sachs to find a suitor.
Shares in the company, which has large market share in the Business Intelligence/Analytics market, rose strongly in trading on the Paris exchange.
Le Figaro's sources were not named, but it was enough to send shares up over 4%.
Neither Bernard Liautaud, BOBJ's Chairman and Chief Strategy Officer, nor CEO John G. Schwarz has yet made any public comment. The company's applications - which include data integration, performance management, query and analysis, and reporting functions - are used to measure profitability, determine marketing and sales effectiveness, automate human resources functions, and analyze customers and vendors.
SAP News Desk trawls the world's news information sources and brings you timely updates on the world's leading provider of enterprise resource planning (ERP) and its various software product lines used to integrate back-office functions such as distribution, accounting, human resources, and manufacturing.
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