Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×
Cloud

Submission + - SAP to Acquire Ariba for $4.3 Billion (securityweek.com)

wiredmikey writes: German software giant SAP AG today said it would acquire cloud-based business commerce solutions provider, Ariba, Inc. for approximately $4.3 billion. According to the company, the acquisition will combine Ariba's buyer-seller collaboration network with SAP's customer base and business process expertise to create “new models for business-to-business collaboration in the cloud.”

SAP, which competes fiercely with Oracle, said that its entry into the "inter-enterprise business network space" significantly expands its growth opportunities and accelerates its momentum in the cloud.

Headquartered in Sunnyvale, California, Ariba has approximately 2,600 employees and had $444 million in revenue in 2011.

This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

SAP to Acquire Ariba for $4.3 Billion

Comments Filter:

Doubt is not a pleasant condition, but certainty is absurd. - Voltaire

Working...