Business Objects Buys ALG Software

Another CPM acquisition.

BO buys another planning applications vendor after buying SRC a year ago. SRC was supposed to enrich BO proposal to a full CPM system, bringing up the planning part, as was widely announced.

Latter acquisition of ALG shows that either SRC didn’t “go well” with other BO apps (couldn’t integrate or such), or it just was “good enough” to sell.

After buying ALG BO steps on the integration road, which is a very hard one.

Good news to BO competitors in CPM market, namely Cognos and Hyperion.

Links on the theme:

1) Official BO press release on intention to acquire AGL

2) Official BO press release on SRC acquire

3) Craig Shiff blog – from where I first read about this