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Cognos Announces Celequest Corp. Acquisition

Wednesday, January 17, 2007 7:00:00 AM PDT | VentureDeal Staff

BURLINGTON, MA -- Cognos Corporation (Nasdaq: COGN) announced that it had closed the acquisition of Celequest Corp. for an undisclosed amount on January 16.

Cognos, which creates business intelligence and performance management software solutions, acquired Celequest's self-service dashboard creation software. 

The software is immediately interoperable with Cognos' version 8 BI software and allows the combined firm to offer access via Salesforce.com's AppExchange.  As a result, the acquisition will allow Cognos to reach a new class of users for its products.

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