Business Objects Picks Up Firstlogic

Business Objects to Acquire Firstlogic

Today, Business Objects announced its $69 million acquisition of Firstlogic, the data quality vendor. This purchase was intended to round out Business Objects' Enterprise Information Management (EIM) strategy. The announcement comes on the heels of a failed attempt by Pitney Bowes to purchase Firstlogic for approximately $50 million. Had Firstlogic been swallowed by Pitney Bowes, the data quality tools it offers probably would not have survived. As part of Business Objects, it will be a key component of the company's EIM plans. EIM is yet another acronym associated with MDM. MDM application functionality should include data quality capabilities. However, not all vendors have great data quality tools on offer. This acquisition certainly gives Business Objects a leg up on the EIM/MDM space.