SAP is open to making more acquisitions, says co-CEO Jim Hagemann Snabe; he adds the enterprise...

|About: SAP AG (SAP)|By:, SA News Editor
SAP is open to making more acquisitions, says co-CEO Jim Hagemann Snabe; he adds the enterprise software giant wants 2/3 of its long-term growth to come through internal expansion, and 1/3 from M&A. SAP has committed $7.7B over the last nine months to acquiring enterprise cloud software vendors SuccessFactors and Ariba. (more on SAP's cloud efforts: I, II, III)