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IBM meet Cognos. Microsoft meet Musiwave.

Adding to the ever-popular “Intend to Acquire” file, IBM said Monday morning it plans to spend $5 billion in cash to buy Cognos Inc. The Canadian company is a leading player in the field of “business intelligence” software, which helps large organizations collect, organize and present data.

This would be IBM’s 23rd acquisition to support its “Information on Demand” strategy, which Big Blue says combines “information integration, content and data management and business consulting services to unlock the business value of information.”

Meanwhile, Microsoft says it wants to buy Musiwave SA, a French mobile music company and a unit of Openwave Systems Inc. Microsoft said the deal would combine Musiwave’s relationships with music labels, device makers and mobile operators with Microsoft technologies such as Windows Mobile, Zune, MSN and Windows Live.

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