IBM wants to buy Cognos and Salesforce.com!!!
IBM has been on a buying spree lately. It has just agreed to buy Internet Security Systems Inc. (ISS) for about $1.3 billion. In August alone the computer giant is spending more than $3.6 billion (MRO Software Inc., for $740 million; FileNet Corp., for $1.6 billion; and Webify Solutions, for an undisclosed amount) in an attempt to add new products and provide the much needed boost to its own sagging growth. IBM also is in danger of loosing the No#1 IT giant (by revenue) status to HP this year.
As Business Intelligence has become a top pririoty at most oragnizations and a high growth area in enterprise software (business intelligence software is a $22-billion market), there are rumors that IBM wants to buy a BI vendor like Cognos and perhaps even a "no software" customer relationship management (CRM) vendor like Salesforce.com.