Seeking Alpha

Head of SAP's SuccessFactors unit leaves for Box

  • 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.
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Comments (1)
  • bauwenser
    , contributor
    Comments (6) | Send Message
    No. worries
    20 Feb 2014, 02:06 AM Reply Like
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