Amdocs (DOX) Higher On Takeover Rumors

Amdocs Ltd. (NYSE: DOX) is higher on rumors SAP AG (NYSE: SAP) could acquire the company. The rumors stem from comments by FTN Midwest analyst Doug Ashton that were mentioned at Barron's Tech Trader blog. Link

Shares of Amdocs are 2.5% higher in early action.

Silver Lake wants to buy SAP AG (SAP) stake from founders, WIWO reports

Silver Lake wants to buy SAP AG (NYSE: SAP) stake from founders, WIWO reports - Bloomberg. Founder open to offers.

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.

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.