IBM's $5 Billion Bid for Cognos Proves Value of 'Business Intelligence'Wired TechBiz

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Wired Technology

• November 12, 2007
• 

  IBM's $5 Billion Bid for Cognos Proves Value of 'Business Intelligence'Wired TechBiz

  Posted: November 12th, 2007, 4:00pm by Associated Press

  IBM says it will acquire business-intelligence software maker Cognos for $5 billion in cash. It's the latest of several recent multibillion-dollar business intelligence deals, underscoring how hot the sector has become this year.