Little guy Cognos nears big time: Tech firm is hiring new staff, finishing takeover and enjoying record results

Article Abstract:

The Cognos Inc., one of Canada's largest independent technology firms is hiring dozens of sales and service staff, completed with the takeover of a major European project and is also producing better quarterly results. The profit increased by 52 percent to $27.6-million (U.S) whereas the revenue increased by 17 percent to $185.2-million.

Sales, profits & dividends, Personnel administration, Company acquisition/merger, Recruiting, Company sales and earnings, Company earnings/profit, Industry hiring, Cognos Inc. (Burlington, Massachusetts)

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B.C. firm buys U.S. rival's assets

Article Abstract:

Burnaby, BC-based Creo Products Inc. has acquired the majority of the operations of Scitex Corporation Ltd. for $537 million in stock. Creo Products, which is a software manufacturer, is led by Dan Gelbart.

Electronic computers, Software Publishers, Electronic Computer Manufacturing, Asset sales & divestitures, Computers & Auxiliary Equip, Applications Software Pkgs (Micro), Computer industry, Applications software, Scitex Corporation Ltd., Creo Products Inc.

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