Business Objects to spend $69m on Firstlogic

Business Objects, the business-intelligence software developer, has announced plans to acquire data-quality specialist Firstlogic in an all-cash deal worth $69m.

Business Objects, the business-intelligence software developer, has announced plans to acquire data-quality specialist Firstlogic in an all-cash deal worth $69m.

A spokesperson for the San Jose-based firm said the purchase of Firstlogic would help it build on its enterprise information management strategy by adding data quality tools to its portfolio.

Such tools are designed to cleanse data extracted from back-end data sources to ensure information is suitable for analysis in a firm’s data warehouse.

The buyout is expected to be completed in the second quarter.

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