Basic Information

Cognos "is the world leader in business intelligence (BI) and performance planning software for the enterprise. Our solutions let companies improve and direct corporate performance by enabling all of the key steps in the management cycle—from planning and budgeting, to measuring and monitoring performance, to reporting and analysis. Cognos is the only company to support all of these key management activities with a complete solution that spans all of the essential components of CPM—enterprise planning, scorecarding, and business intelligence. Founded in 1969, Cognos employs 3,000 people and serves more than 22,000 customers in over 135 countries. Whether they choose to apply Cognos software strategically on an enterprise scale, or leverage it as a point solution to address key operational requirements, our customers use Cognos to better monitor, understand, and drive the successful performance of their business. Cognos customers are involved in every industry sector including automotive, banking and insurance, energy and natural resources, government, healthcare, manufacturing, and pharmaceuticals."

Financial Information

ARMONK, N.Y. & OTTAWA, Ontario - 12 Nov 2007: IBM (NYSE: IBM) and Cognos® (NASDAQ: COGN) (TSX: CSN) today announced that the two companies have entered into a definitive agreement for IBM to acquire Cognos, a publicly-held company based in Ottawa, Ontario, Canada, in an all-cash transaction at a price of approximately $5 billion USD or $58 USD per share, with a net transaction value of $4.9 billion USD. The acquisition is subject to Cognos shareholder approval, regulatory approvals and other customary closing conditions. It is expected to close in the first quarter of 2008.

Contact Information

Phone Number: (617) 221-6600

Archived News Stories

09/14/2009 - IBM unveils new business analytics software for midsized clients. Read More.

06/03/2009 - DHL turns to IBM to deliver intelligent insight to improve operations and customer profitability. Read More.

08/14/2008 - Cognos positioned as a leader in Forrester Enterprise Business Intelligence Platforms report . Read More.

06/30/2008 - IBM unveils Cognos Business Intelligence software for mainframe customers. Read More.

06/12/2008 - Hess Corporation selects IBM Cognos software as business intelligence standard. Read More.

03/26/2008 - Telus selects IBM Cognos 8 Business Intelligence software as enterprise standard. Read More.

02/19/2008 - Great Clips selects IBM Cognos 8 Business Intelligence software for retail reporting and analysis. Read More.

01/29/2008 - Leading Canadian healthcare provider leverages Cognos expertise across multi-hospital site. Read More.

01/28/2008 - Omnicom selects Cognos performance management solution. Read More.

01/15/2008 - Cognos 8 BI V3 launches worldwide. Read More.

12/17/2007 - Cognos extends wireless business intelligence solution to Microsoft Windows Mobile smartphones. Read More.

12/11/2007 - Cognos introduces new performance management solution for strategic financial planning. Read More.

11/30/2007 - Cognos customer U.S. Army ARDEC selected as 2007 Malcolm Baldrige National Quality Award winner. Read More.

11/14/2007 - Jordan's Furniture named Technology User of the Year by Massachusetts Technology Leadership Council. Read More.

11/14/2007 - Cognos customers select Cognos 8 Go! Mobile for Blackberry to speed decision-making. Read More.

11/12/2007 - IBM to acquire Cognos to accelerate information on demand business initiative. Read More.

11/08/2007 - Cognos customer Mueller, Inc. named to Balanced Scorecard Hall of Fame. Read More.

10/16/2007 - Ariat® standardizes on Cognos for performance management. Read More.

10/15/2007 - SAP customers use Cognos Performance Management platform to drive effective decision-making. Read More.

10/02/2007 - New Cognos analysis capability for Excel users now available. Read More.

09/25/2007 - Cognos launches new book on proven practices in banking performance management. Read More.

09/24/2007 - Gordon Trucking standardizing on Cognos performance management . Read More.

08/22/2007 - New Cognos and IBM performance solution helps banks integrate risk management and profitability planning across core systems. Read More.

06/11/2007 - Cognos launches virtual finance forum to share best practices for performance management. Read More.

05/17/2007 - ‘Powered by Cognos’ solutions drive adoption of performance management across global markets. Read More.

01/23/2007 - HSH Nordbank optimizes performance and management of active portfolios with Cognos solutions. Read More.

12/21/2006 - City of Atlanta standardizes on Cognos 8 Business Intelligence. Read More.

12/18/2006 - Deakin University deploys Cognos 8 BI. Read More.

12/05/2006 - Cognos positioned in 'Leaders' Quadrant in 2006 analyst report on Corporate Performance Management Suites. Read More.

11/06/2006 - Cognos unveils new performance solution designed to help corporate and retail banks improve customer profitability. Read More.

10/31/2006 - Cognos customer Princess Cruises honored with Business Finance Vision award. Read More.

10/16/2006 - Cognos continues retail industry leadership, launches new performance solution to help optimize promotions. Read More.

10/16/2006 - Dubai Municipality selects Cognos 8 Business Intelligence. Read More.

10/10/2006 - Northwestern University standardizes on Cognos 8 business intelligence. Read More.

09/26/2006 - New Cognos performance solution helps U.S. defense agencies fulfill Program Objective Memorandum (POM) planning requirements. Read More.

09/25/2006 - Cognos previews Cognos 8 Go! Mobile. Read More.

08/14/2006 - Cognos defines business intelligence security for enterprise-wide deployments. Read More.

07/05/2006 - Cognos customers honored at Cognos Forum 2006. Read More.

06/27/2006 - Model N selects Cognos to provide advanced business intelligence for industry leading revenue management solution. Read More.

06/13/2006 - Cognos delivers BI solution of choice for leading 'Software as a Service' providers . Read More.

05/24/2006 - Cognos 8 Business Intelligence named a winner in the sixth annual eWEEK Excellence Awards program. Read More.

05/17/2006 - Cognos unveils new performance solution designed to help retailers optimize store development initiatives. Read More.

05/15/2006 - FAST and Cognos team to deliver enterprise business intelligence through search. Read More.

04/24/2006 - Cognos introduces new financial services performance solution to help retail banks optimize branch profitability. Read More.

04/18/2006 - Cognos 8 BI named a finalist for 2006 eWEEK Excellence Award. Read More.

03/29/2006 - Cognos scores leading position in performance management market survey. Read More.

03/21/2006 - Fresh Del Monte moves to Cognos Performance Management solution. Read More.

02/10/2006 - Cognos customer HypoVereinsbank AG wins Gartner BI Excellence Award. Read More.

01/16/2006 - Cognos offers new performance blueprint for the retail industry. Read More.

01/10/2006 - Cognos positioned in Leaders Quadrant in new analyst report evaluating business intelligence platforms. Read More.

11/07/2005 - Cognos positioned in 'Leaders' Quadrant in new analyst report on corporate performance management suites. Read More.

09/14/2005 - Cognos launches Cognos 8 Business Intelligence worldwide: First Solution to Deliver Full BI Capabilities in a Single Product, on a Single Architecture. Read More.

08/03/2005 - Arla Foods selects Cognos ReportNet™ for enterprise reporting. Read More.

07/13/2005 - Balanced Scorecard Collaborative teams with Cognos for Office of Strategy Management Program. Read More.

06/28/2005 - Business 2.0 names Cognos leading business intelligence and corporate performance management vendor on its annual 'B2 100'. Read More.

06/27/2005 - Cognos extends performance system with new plan-to-perform blueprints. Read More.

06/27/2005 - Cognos announces performance management system; sets new standard for CPM. Read More.

06/24/2005 - Cognos enhances its Solutions Professional Certification Program for business intelligence and performance management. Read More.

04/05/2005 - Air Education and Training Command standardizes on Cognos enterprise business intelligence. Read More.

04/01/2005 - Cognos to drive performance management at Read More.

02/10/2005 - Petrofac refines performance management with Cognos Controller. Read More.

01/26/2005 - Cognos to host executive seminar series on plan-to-perform blueprints. Read More.

01/25/2005 - McDonald's Canada standardizes on Cognos ReportNet(TM) for enterprise-wide reporting. Read More.

12/13/2004 - New Cognos Planning Series delivers a flexible, connected planning environment for enterprise customers. Read More.

12/09/2004 - Cognos ReportNet(TM) and MetaBroker from Ascential Software deliver enhanced enterprise data access. Read More.

12/08/2004 - Cognos extends open data strategy with IBM. Read More.

12/02/2004 - Cognos in leaders quadrant in new analyst report on business intelligence. Read More.

11/01/2004 - Cognos wins 2004 DM Review Readership Award for best business intelligence solution. Read More.

09/13/2004 - Cognos PowerPlay(R) Test Drive allows business travelers to analyze air travel performance. Read More.

09/08/2004 - Cognos(R) Metrics Manager wins Intelligent Enterprise award for Best Business Performance Monitoring Solution. Read More.

07/20/2004 - Esselte standardizes on Cognos Enterprise Business Intelligence. Read More.

07/01/2004 - Cognos honors Niteo Partners again for outstanding achievement in solution and channel sales. Read More.

06/28/2004 - Cognos establishes global innovation center to advance 'next' practices in planning and performance management . Read More.

06/09/2004 - Cognos and TIES deliver Performance Management Solutions to K-12. Read More.

06/08/2004 - Cognos extends industry-leading enterprise business intelligence series with powerful new OLAP capabilities. Read More.

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