Business Objects Acquires SRC Software

Share this content:
Business Objects, a provider of business intelligence solutions, said yesterday that it entered into a definitive agreement to acquire privately held SRC Software, a leading vendor of financial planning and performance management software.


The acquisition will be an all-cash transaction of about $100 million. It is subject to regulatory approvals and other customary closing conditions, and is expected to be completed in the third quarter of 2005. SRC Software offers integrated budgeting, planning, consolidations and reporting systems. The company has 1,200 customers worldwide.


SRC Software has been a long-term Business Objects technology partner, offering solutions for strategic planning, forecasting, capital planning, budgeting, sales and compensation planning, and consolidations.


close

Next Article in Data/Analytics

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above