Tuesday, January 30, 2007

Enterprise Software: Feeding Frenzy Continues

Yesterday Symantec (NASDAQ: SYMC) bought Altiris (NASDAQ:ATRS) for $830 million. Today shares in BusinessObjects (NASDAQ:BOBJ) rose on rumors of a takeover bid by Oracle (NASDAQ:ORCL). Looks like 2007 is off to a roaring start as consolidation in the enterprise software market continues after a record 2006.