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It's a good day to own cloud software stocks, as SAP/SuccessFactors helps stoke a frenzy of...

It's a good day to own cloud software stocks, as SAP/SuccessFactors helps stoke a frenzy of buying (I, II, III). A few more names surging on the news: KNXA +13.7%. SABA +13.9% CSOD +9.5%. CTCT +5.3%. ARBA +11.4%. TNGO +5.1%. Some traditional business software firms previously linked to takeover chatter are also up strongly:  TIBX +6.2%. CTXS +5.4%. INFA +4.5%. MSTR +6.9%.
Comments (1)
  • This is about SaaS applications, not "the cloud." Cloud players want to go up the stack by buying applications (and their locked-in customer sets). That's why SAP bought Success Factors.

     

    Just don't say cloud, please
    5 Dec 2011, 12:00 PM Reply Like
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