M&A Deal Summary

Cognos Acquires Celequest

On January 17, 2007, Cognos acquired software company Celequest

Acquisition Highlights
  • This is Cognos’ 2nd transaction in the Software sector.
  • This is Cognos’ 2nd transaction in the United States.
  • This is Cognos’ 1st transaction in California.

M&A Deal Summary

Date 2007-01-17
Target Celequest
Sector Software
Buyer(s) Cognos
Deal Type Add-on Acquisition

Target

Celequest

Redwood City, California, United States
Celequest Corp. is a provider of operational business intelligence solutions.

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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 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-30 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.

Buy $160M