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  6. Cognos Acquires Adaytum Software

M&A Deal Summary

Cognos Acquires Adaytum Software

On January 30, 2003, Cognos acquired software company Adaytum Software for 160M USD

Acquisition Highlights
  • This is Cognos’ 1st transaction in the Software sector.
  • This is Cognos’ largest (disclosed) transaction.
  • This is Cognos’ 1st transaction in the United States.
  • This is Cognos’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2003-01-30
Target Adaytum Software
Sector Software
Buyer(s) Cognos
Deal Type Add-on Acquisition
Deal Value 160M USD

Target

Adaytum Software

Minneapolis, Minnesota, United States
Adaytum Software, Inc. provided Internet-based enterprise business planning software that allowed organizations to plan, track, analyze, and forecast key business activities in a proactive and collaborative manner.

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Buyer(S) 1

Buyer

Cognos

Ottawa, Ontario, Canada
Category Company
Founded 1969
Sector Software
Employees3,500
DESCRIPTION

Cognos, Inc. is a provider of technology and services for business intelligence and performance management, delivering the industry's most complete, open standards-based platform with the broadest range of expertise to help companies expand the value of their information, optimize their business processes and maximize performance across their enterprises.

DEAL STATS #
Overall 1 of 2
Sector: Software M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2003 M&A 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-17 Celequest

Redwood City, California, United States

Celequest Corp. is a provider of operational business intelligence solutions.

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