Adobe Systems Incorporated (Nasdaq:ADBE) and Omniture, Inc. (Nasdaq:OMTR) today announced the two companies have entered into a definitive agreement for Adobe to acquire Omniture in a transaction valued at approximately $1.8 billion on a fully diluted equity-value basis. Under the terms of the agreement, Adobe will commence a tender offer to acquire all of the outstanding common stock of Omniture for $21.50 per share in cash. Read more ...

Today, IBM launched IBM Cognos Express described as a pre-configured business analytics and planning capabilities tool for the midmarket. Read more ...

Vignette Corp and Open Test has announced that they have entered into a definitive agreement pursuant to which Vignette will become a wholly owned subsidiary of Open Text. Read more ...

Oracle's $7.1 billion purchase of Sun Microsystems is expected to turn the giant into a player in the hardware market as well as give it new clout in software industry. In addition to becoming the No. 2 player in the high-end market for Unix computers used in corporate data centers, the acquisition gives Oracle control of Sun's widely used Java software and the Solaris operating system for Unix servers. Read more ...

Yesterday, UK based Alterian, an international provide of enterprise management software has agreed in principal to acquire web content management solution provider, Mediasurface. Read more ...