This quite large acquisition for IBM quickly adds more BI-oomph to the IBM "Information" portfolio, but also importantly takes Cognos off the market from anyone else.

News IBM To Acquire Cognos for $5 Billion By Stephen Swoyer November 12, 2007 IBM Corp.’s $5 billion acquisition this week of Cognos Inc. is a watershed event. It marks the third acquisition this year ...

212100607 IBM Cognos Offers Risk Assessment App For Banking Industry Applications & OS IBM Cognos Offers Risk Assessment App For Banking Industry By Rick Whiting November 19, 2008, 12:01 AM EST ...

Later, it was acquired by IBM company in the same year and now the product is called as IBM Cognos BI (Business Intelligence). This reporting tool consists of web front-end with which one can ...