NSite is one of the rising stars in the SaaS arena. Yesterday, Business Objects anounced the adquisition of the Sunnyvale-based SaaS provider.
Cite from BO site:
Business Objects (Nasdaq: BOBJ; Euronext Paris ISIN code: FR0004026250 – BOB), the world’s leading provider of business intelligence (BI) solutions, today announced it has acquired Nsite Software, Inc., a Sunnyvale, California-based software-as-a-service (SaaS) provider. The acquisition gives Business Objects access to Nsite’s on-demand application platform; engineering talent experienced in building and managing SaaS offerings; and approximately 27,000 current Nsite subscribers. The acquisition will greatly accelerate and expand the ability for Business Objects to deliver on-demand business intelligence solutions, building upon the success of crystalreports.com. Terms of the transaction, completed today, were not disclosed.
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Angel “Java” Lopez