Business Objects, a provider of business intelligence tools, is acquiring Blue Edge Software, a privately held software company based in Leeds, England. Blue Edge develops and markets applications based on Business Objects applications that specialize in Web-based information delivery. The acquisition is a cash transaction of approximately $6 million.
Blue Edge has developed a set of information delivery applications based on BusinessObjects. Blue Edge's technology extends Business Objects information delivery capabilities by leveraging an advanced information distribution architecture to provide intuitive report access, navigation.
Business Objects will further integrate Blue Edge products and technology into current and future Business Objects business intelligence products. In addition, Business Objects will add the Blue Edge engineering staff to its research and development organization. "The acquisition of Blue Edge Software is an important step," says Business Objects Chief Executive Officer Bernard Liautaud.
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