SAP Seals Business Objects Deal
A weak dollar, a looming U.S. recession, and a sagging stock market may foreshadow a gloomy new year for the tech sector, but don't try telling that to German software maker SAP (SAP). "This is the most exciting time ever to be in information technology—at least in software," says SAP Deputy Chief Executive Léo Apotheker, who was in Silicon Valley on Jan. 16 to announce the successful conclusion of the company's $6.8 billion acquisition of French business intelligence software maker Business Objects (BOBJ).
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