Business Objects has closed the acquisition of privately-held Cartesis S.A., a leading provider of finance and performance management software. The company first announced its intent to acquire Cartesis in April. Customer and shareholder approvals, as well as all customary closing conditions have now been completed.
With the addition of the Cartesis solutions, Business Objects can now provide its customers with a complete set of enterprise performance management (EPM) applications, delivering a comprehensive and powerful suite to the marketplace. The portfolio includes planning and budgeting, profitability and analytics, financial reporting and consolidations, and governance, risk, and compliance solutions. [Read more…]
Business Objects (Nasdaq:BOBJ) announced that Catholic Healthcare West, North Fork Bank, and the Securities and Exchange Commission have been named the winners of the 2007 EPM Customer Excellence Awards. The EPM Customer Excellence Awards recognize the outstanding achievements of these companies in using Business Objects enterprise performance management solutions to improve their organization’s performance. The awards were formally presented at Business Objects Insight for Performance Management, the company’s user conference for finance and business professionals taking place this week in Orlando, Florida.