Business Objects, a provider of business intelligence systems, has entered into an agreement to acquire database marketing systems firm Firstlogic Inc. for $69 million.
The acquisition is expected to be completed in the second quarter.
“This acquisition will strengthen our competitive advantage as customers increasingly standardize on one platform, and will give our customers the capabilities they need to create truly world class, game-changing business intelligence deployments,” said John Schwarz, CEO of Business Objects in a statement.
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