Cognos - Acquisition of Cognos By IBM

Acquisition of Cognos By IBM

In 2007, following SAP’s acquisition of Business Objects and Oracle’s acquisition of Hyperion Solutions, IBM announced its acquisition of Cognos in November for $4.9 billion. It continued to operate as a wholly owned subsidiary (Cognos, an IBM company) until January 1, 2009, when it was absorbed into IBM Infosphere product line under IBM Information Management Software brand within the company's Software Group. The software is now called "Cognos Business Intelligence and Financial Performance Management" or Cognos BI and FPM.

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