Major OEM agreement between BOBJ and ASCL. This helps clairify the ETL market; expect ASCL to gain market share.
Business Objects and Ascential Software Sign Strategic Reseller Agreements
Cross Licensing Agreements Offer Business Objects Customers A Robust Data Integration Solution; Ascential Customers Can Purchase Leading Business Intelligence Products
SAN JOSE, Calif.--(BUSINESS WIRE)--July 10, 2001-- Business Objects (Nasdaq:BOBJ - news), the world's leading provider of business intelligence (BI) solutions, and Ascential(TM) Software Corporation (Nasdaq:ASCL - news), the leading provider of Information Asset Management solutions, announced today that the two companies have signed strategic reseller agreements. According to the terms of the agreements, Business Objects will integrate with and resell Ascential's industry-leading DataStage® data integration platform with the BusinessObjects(TM) Application Foundation, the new analytic applications framework announced today from Business Objects. In addition, Ascential will integrate with and resell BusinessObjects and WebIntelligence® with Ascential's DataStage, Axielle(TM) portal infrastructure, and WebSuccess(TM) clickstream analysis solution.
Business Objects and Ascential share a strong history of working together in sales and marketing efforts, and collaborating to provide solutions to joint customers. Today's announcement further solidifies this relationship, and allows the two companies to further expand into new markets.
``As business intelligence and analytic applications become more complex and mission critical, it is important to have rock solid partnerships with key vendors,'' said Mark Tice, group vice president of global alliances at Business Objects. ``We are pleased to sign these reseller agreements with Ascential Software, as our joint customers will benefit from a more efficient sales process, and solutions that are integrated and easy to deploy. In particular, by offering our business intelligence solutions to their customers, Ascential will benefit from our market leading technology.''
``Ascential Software and Business Objects share a common vision of providing customers with access to a wide variety of corporate information through a unified set of enterprise-scale business intelligence solutions,'' said Daniel Sapir, vice president of business development for Ascential Software. ``With our combined solution we have the technology to make this vision a reality. We welcome Business Objects decision to choose Ascential Software as its strategic ETL vendor, and look forward to continued success in helping clients achieve real business improvement through better information asset management.''
Business Objects and Ascential Working Together
Integrating DataStage enables Business Objects to offer its customers the ability to easily access and extract enterprise data from any source seamlessly through BusinessObjects Application Foundation. The various data sources include enterprise applications, XML or e-business data, web and email logs, flat files, and mainframes. Additionally, DataStage's MetaBroker allows companies to manage and bi-directionally exchange meta data within their business intelligence environment.
By integrating and reselling the industry-leading business intelligence solutions from Business Objects, Ascential can now offer its customers the ability to access, analyze, and share corporate information across the enterprise.
About Business Objects
Business Objects is the world's leading provider of business intelligence (BI) solutions. Business intelligence lets organizations access, analyze, and share information internally with employees and externally with customers, suppliers, and partners. It helps organizations improve operational efficiency, build profitable customer relationships, and develop differentiated product offerings.
The company's products include BusinessObjects 2000, the industry's leading integrated business intelligence toolset and platform; and BusinessObjects Analytics, an integrated suite of enterprise analytic applications.
Business Objects pioneered the modern BI industry in 1990 by inventing a patented ``semantic layer'' that insulates users from the complexity of databases. In 1995, the company was first to focus on enterprise-scale BI deployments and today supports customers with more than 20,000 users. The company moved aggressively to the internet in 1997 by pioneering the market for BI extranets, a market that it continues to lead today. In 2000, the company delivered the industry's first interactive mobile BI solution. Today, Business Objects continues to innovate, creating and delivering a unique vision for enterprise analytic applications.
Business Objects has more than 13,000 customers in over 80 countries. The company's stock is publicly traded under the ticker symbols Nasdaq: BOBJ and Euronext Paris (Sicovam code 12074). It is included in the SBF 120 and IT CAC 50 French stock market indexes. Business Objects can be reached at 408-953-6000 and www.businessobjects.com.
About Ascential Software Corporation
Ascential Software Corporation is the leading provider of Information Asset Management solutions to the Global 2000. Customers use Ascential products to turn vast amounts of disparate, unrefined data into reusable information assets that drive business success. Ascential's unique framework for Information Asset Management enables customers to easily collect, validate, organize, administer and deliver information assets to realize more value from their enterprise data, reduce costs and increase profitability. Headquartered in Westboro, MA, Ascential has offices worldwide and supports more than 1,800 customers in such industries as telecommunications, insurance, financial services, healthcare, media/entertainment and retail. More information on Ascential Software can be found on the Web at ascentialsoftware.com. |
