Menu
Business Objects founder resigns after SAP acquisition

Business Objects founder resigns after SAP acquisition

Liautaud leaves chairman and chief strategy officer posts; may join SAP board in June

Business Objects founder Bernard Liautaud resigned as chairman and chief strategy officer at the company following the closing of its acquisition by SAP earlier this month.

Liautaud, who founded Business Objects in 1990 and served as its CEO until 2005, will serve as an adviser to SAP CEO Henning Kagermann until June, when SAP's supervisory board plans to propose that he be elected to the board of directors, the company said Wednesday.

SAP announced its plans in October to acquire Business Objects for US$6.8 billion and closed the deal earlier this month.

"The industry I helped create almost two decades ago has changed dramatically over the years, and I am very proud to say that Business Objects has consistently been a pioneer in bringing innovation to the market," Liautaud in a statement. "The vision we started out with is now a reality and the need for business intelligence has become pervasive across enterprises large and small. This industry is now at a tipping point and I am confident that, together with SAP, Business Objects will continue to innovate and help transform the way the world works by connecting people, information and businesses."

Business Objects went public in 1994 and became the first French software company to be listed in the U.S.

Earlier this month, SAP and Business Objects announced the first joint products from the merger, including financial performance management, governance, risk and compliance, and visualization and reporting packages.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

The leading female front runners of the New Zealand ICT industry joined together for the annual Reseller News Women in ICT Awards event at the Hilton in Auckland, during which hundreds of guests celebrated 13 outstanding individuals who won awards, chosen from more than 50 finalists representing over 30 organisations.

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards
Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

More than 500 channel leaders gathered in Auckland on 21 October at the ​Reseller News Innovation Awards ​2020 to celebrate the achievements of the New Zealand technology industry's top partners, start-ups, vendors, distributors and individuals.

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners
Show Comments