- Graham Younger, the head of SAP's SuccessFactors cloud HR software unit, is leaving the company to become the head of field operations for enterprise cloud storage/file-sharing upstart Box.
- The move comes less than a month after Quartz reported Box, which SAP's VC arm has invested in, has confidentially filed for an IPO.
- SAP bought SuccessFactors for $3.4B in 2012. Lars Dalgaard, SuccessFactors's CEO at the time of the acquisition (and later the head of SAP's cloud ops), left SAP last year.
- SAP's cloud subscription/support revenue rose 32% Y/Y in Q4 to €210M, while its traditional software sales fell 2% to €1.9B.
From other sites
Video at CNBC.com (Mar 18, 2015)
at CNBC.com (Jan 20, 2015)
Video at CNBC.com (Jan 20, 2015)
at CNBC.com (Jan 12, 2015)
at CNBC.com (Dec 23, 2014)
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