Business intelligence tools vendor
Cognos is to
buy analytics company
Applix for
$339m.
The acquisition provides Cognos with extra product muscle in the niche areas
of analysing and optimising large and complex sets of financial performance
data, profitability analysis and business rules management.
Specifically, it will boost Applix's TM1, a 64-bit, in-memory
multidimensional OLAP server.
"Applix will broaden our solution offering and provide Cognos with an
innovative, 64-bit, in-memory analytics capability," said Cognos chief executive
Rob Ashe.
"It will also bring into the company a very strong employee and customer base
that has been committed to performance management through high-impact analytics.
"
EXCEPTIONAL .NET (ASP / VB / C#) DEVELOPER – SURREY HEDGE FUND My client is a CASH RICH leading Microsoft Technology focused Hedge Fund currently experiencing unrivalled success – they need to bring on fresh ... more >
Position: Software Developer – Modelling / Simulations Salary: £27-37,000 Location: Luton, Bedford, Milton Keynes Apply to: a.ross@jamrecruitment.co.uk This is an excellent chance to join one of the UK’s leading Defence businesses operating at the forefront ... more >
Position: Software Engineer – C/C++/GUI/UML Salary: £30-40,000 Location: Leicester Apply to: a.ross@jamjobs.co.uk This is a fabulous opportunity to join a globally recognised organisation working as part of a team taking innovative and cutting edge solutions ... more >
Position: Embedded Software / Systems Engineer Salary: £25-40,000 Location: Barrow, Cumbria, Carlisle, Lake District Apply to: a.ross@jamrecruitment.co.uk (inc salary expectations, availability and notice period) This is an exciting opportunity to join one of the UKs ... more >More job opportunities
Print
Discuss
Send to friend
RSS feeds
Daily news podcast
Business intelligence vendor installs central planning system at Virgin Holidays 04 Sep 2003
del.icio.us
Digg this
reddit!
