Takeover Rumors Surround SAP AG (SAP)

Takeover rumors are surrounding SAP AG (NYSE: SAP) today, boosting the shares slightly. One rumors has rival Oracle (Nasdaq: ORCL) bidding for the company, another rumors suggest IBM (NYSE: IBM) could be a suitor for SAP. Both rumors seem highly unlikely.

Reports IBM in Talks to Buy Verint Systems (VRNT)

According to reports yesterday from Isreal's Globes, sources have informed them that IBM (NYSE: IBM) is in talks to acquire Verint Systems Inc. (Nasdaq: VRNT). According to the report, the two have been in talks for some time and a deal is expected to be worth around $1 billion, which is near its current market cap.

Verint, which provides software-based data analysis systems for the business intelligence and security markets, was spun-off from Comverse Technology Inc. (Nasdaq: CMVT) in 2002. Comverse still holds 57% of Verint's stock.

The article said the main link between Verint and IBM is in the surveillance camera sector, which IBM recently entered.

Shares of Verint are fractionally higher today after rising 3.3% on Monday.

Suntrust Doesn't See Imminent Deal for Cognos

Suntrust comments on recent M&A speculation in the business intelligence (BI) space, which has centered around Cognos Inc. (Nasdaq: COGN), Hyperion Solutions Corp. (Nasdaq: HYSL), and Business Objects (Nasdaq: BOBJ) as takeover targets.

The firm said the most interesting talk going around is that IBM is ready to buy Cognos. The firm doesn't see an imminent deal for Cognos.

IBM (NYSE: IBM), Oracle (Nasdaq: ORCL) or SAP (NYSE: SAP) are said to be buyers in the space.