(Reuters) - PARIS/NEW YORK, April 23 - Franco-American group Business Objects said on Monday it would buy privately held Cartesis S.A for about $300 million in cash, boosting its offering in the fast-growing financial enterprise software market.
Business Objects, with a market capitalisation of $3.7 billion, had been under pressure to make a move since U.S. software giant Oracle bought its sector rival Hyperion Solutions Corp. in March.
Read more at Reuters.com Mergers News
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