SAP announced Sunday afternoon it plans to acquire Business Objects in a cash deal valued at slightly more than US$6.8 billion.
The business intelligence market, once the fastest growing sector of software, is predicted to slow down after the recent spate of multi-billion dollar acquisitions.
Oracle announced on Thursday that it has agreed to buy Hyperion Solutions for US$3.3 billion, in a move to expand in the area of performance management systems.
Hyperion customers in Australia have warmly welcomed Oracle's acquisition of the business intelligence vendor, but some still have concerns about the rapidly consolidating market.
Sony Pictures chief information officer David Cortese has slammed Oracle's acquisition strategy claiming customer service levels have dropped and its products have become stagnant. He was speaking to members of the press in Sydney.
Despite strong growth in software sales at IBM, only certain parts of the enterprise software market are set to rebound this year.
special report Two Australian industry experts go head-to-head on the future of business intelligence.
How do you get multiple business intelligence tools within one company to communicate?
What do you think will happen in the IT industry this year? ZDNet Australia asks Australian opinion leaders what they think will happen.
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ZDNet correspondent Sumi Das talks with Senior Editor Sam Diaz about the perks and pitfalls of the newly relea… Watch it now
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