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Print Edition StoriesMonday, July 14, 2008
Oco signs business intelligence deal with Business Objects
By Mass High Tech Staff
Business intelligence software maker Oco Inc. has formed a partnership with Business Objects SA to provide Business Objects’ existing and potential customers with on-demand BI software.
Oco’s software is used in a range of industries and the company has established a growing presence in the retail sector. The Waltham-based company, founded in 1999, employs 38 workers.
Business Objects, a French company founded in 1990, was acquired by SAP AG (NYSE: SAP) in January.
Financial terms of the deal were not disclosed.
Last year, the company received a $10 million investment from funds managed by Boston-based Highfields Capital Management LP as part of $14.5 million Series C round of funding.
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