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Biz intelligence co., Cognos, buys Celequest

Biz intelligence co., Cognos, buys Celequest

Cognos, a Canadian company that sells business intelligence and performance management
software, has acquired (see statement) Redwood City’s Celequest, which sells a similar product.

Financial terms were not disclosed.

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Celequest raised $15.6 million in venture backing over two rounds from Bay Partners and Lightspeed Venture Partners.

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