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IBM to Acquire Cognos

malware

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#1
IBM and Cognos today announced that the two companies have entered into a definitive agreement for IBM to acquire Cognos, a publicly-held company based in Ottawa, Ontario, Canada, in an all-cash transaction at a price of approximately $5 billion USD or $58 USD per share, with a net transaction value of $4.9 billion USD. The acquisition is subject to Cognos shareholder approval, regulatory approvals and other customary closing conditions. It is expected to close in the first quarter of 2008.


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Wile E

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#2
I remember reading about IBM and Cognos and their cooperation on IoD technology, but for some reason, I thought IBM already bought them out.
 
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#3
All cash transaction of five billion?

Hah, petty street coke dealers eat your heart out.