In June 2007, SAP AG announced its proposed acquisition of OutlookSoft as a part of its strategy to challenge Oracle Corporation. In 2006, OutlookSoft was named in the top 25% in Deloittes Technology Fast 500 and in the same year, was sued by competitor, Hyperion, over software patents, winning a dismissal in October 2006 as the jury found no patent infringement and subsequently ruled the patents ineligible for claim. Along with OutlookSoft, other vendors in the performance management space include SAS, Cognos, Business Objects and Hyperion Solutions Corporation OutlookSoft Corporation was a Stamford, Connecticut based software company with products for business performance management including planning, consolidation, forecasting, budgeting, dashboards, predictive analytics and reporting.
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