Oct 08 2007

Business Objects – Under New Management

Categories: General Dave Rathbun @ 8:32 am

How ironic. 😆 Right after I posted about the change in management (or lack thereof) at Integra Solutions, and Business Objects comes out with a very similar announcement. What does this all mean?

For the next year or so, probably nothing. Companies as large as Business Objects have long-term strategic plans that extend out for years and I don’t see SAP being interesting in trying to turn those around on a dime. Besides, they’re probably privy to those plans by now and must feel like Business Objects is going in the correct direction or they would not have completed the transaction.

It does mean that I lost out on a chance to buy Business Objects stock on the cheap. 😉 The arbitrage folks will be all over this one when the markets open today…