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Though it didn't come cheap, UBS and Nomura are praising SAP's (SAP -0.7%) $4.3B acquisition (I,...
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Wednesday, May 23, 2012, 2:46 PM ETThough it didn't come cheap, UBS and Nomura are praising SAP's (SAP -0.7%) $4.3B acquisition (I, II) of Ariba (ARBA). The former notes the kind of B2B transactions handled by Ariba's network cover 63% of all trade, and the latter argues the deal will help SAP achieve its goal of obtaining €2B in cloud revenue in 2015. Smaller Ariba rival SciQuest (SQI +6.2%) is rallying for the second straight day.
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