Business Objects, a leading provider of business intelligence (BI) solutions, announced that it has closed the acquisition of privately-held Infommersion, Inc., of San Diego, California, a leading vendor of interactive visual analytics.
The acquisition provides Business Objects with innovative visual analytics and a unique way for users to gain the most value from their corporate information. The acquisition was a cash transaction of approximately $40 million US and will be accounted for under the purchase method of accounting. The transaction is expected to be accretive to Business Objects on both a US GAAP and pro forma basis beginning in 2006.
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