M&A Deal Summary

IBM Acquires Cognos

On January 31, 2008, IBM acquired software company Cognos for 5.0B USD

Acquisition Highlights
  • This is IBM’s 49th transaction in the Software sector.
  • This is IBM’s 4th largest (disclosed) transaction.
  • This is IBM’s 8th transaction in Canada.
  • This is IBM’s 6th transaction in Ontario.

M&A Deal Summary

Date 2008-01-31
Target Cognos
Sector Software
Buyer(s) IBM
Deal Type Add-on Acquisition
Deal Value 5.0B USD

Target

Cognos

Ottawa, Ontario, Canada
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.

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Buyer(S) 1

Buyer

IBM

Armonk, New York, United States

Category Company
Founded 1911
Sector Information Technology
Employees270,300
Revenue 62.8B USD (2024)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.


DEAL STATS #
Overall 73 of 204
Sector: Software M&A 49 of 111
Type: Add-on Acquisition M&A Deals 61 of 181
State: Ontario M&A 6 of 10
Country: Canada M&A 8 of 13
Year: 2008 M&A 4 of 12
Size (of disclosed) 4 of 34
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-23 AptSoft

Burlington, Massachusetts, United States

AptSoft Corp. is a provider of software services to businesses uncover the cause-and-effect relationships among seemingly disparate business events that occur in milliseconds or throughout defined periods of time.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-01 Arsenal Digital Solutions USA

Cary, North Carolina, United States

Arsenal Digital Solutions USA, Inc. is a provider of comprehensive suite of on-demand data protection software solutions.

Buy -