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SAP
SAP AG

5/26/2012, 10:48 AM ET
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SAP Market Currents more »
  • Wednesday 2:46 PM Though 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.
    Comment!
    [Tech, M&A, On the Move]
  • Tuesday 3:14 PM More on SAP/Ariba: The purchase follows SAP's $3.4B acquisition of cloud HR software vendor SuccessFactors, and gives it a set of products and services that complement its core ERP software solutions. Also, Ariba's market leadership means there are no major rivals Oracle (ORCL) can acquire in response, though SciQuest (SQI +1.6%), a much smaller competitor, is rallying a bit. SAP is nearly unchanged, Ariba will resume trading at 3:15 PM ET.
    1 Comment
    [Tech, M&A, On the Move]
  • Tuesday 2:59 PM SAP is acquiring cloud spend management software/B2B e-commerce network owner Ariba (ARBA) for $45/share in cash, or $4.3B. The price represents an 18% premium to Ariba's final trade before shares were halted at 2:30 PM ET. The deal will be funded using a combo of SAP's existing cash and a €2.4B term loan facility. SAP expects it to close in Q3, and be accretive to 2013 EPS. (PR) (previous)
    Comment!
    [Tech, M&A, On the Move, Breaking News]
  • Tuesday 2:54 PM Ariba (ARBA) halted for news, and the buzz is that SAP is agreeing to buy the company for $45/share, a 20% premium to yesterday's closing price.
    Comment!
    [Tech, Breaking News, M&A]
  • Monday 5:41 PM SAP faces a backlash from major enterprise clients over recent efforts to demand millions in back-payments from customers it accuses of violating its licensing terms by transferring data created by SAP apps to third-party software. Cloud software vendors, always quick to portray incumbents such as SAP and Oracle (ORCL) as heavy-handed and out-of-touch, will be glad to use SAP's actions as a talking point.
    Comment!
    [Tech]
SAP in Focus more »
SAP Instablog posts more »
  • SAP Gets Huge Cloud And Extended Business Process Boost With Ariba Acquisition
    Tue, May 22 • Dana Gardner • Comment!
  • Best Yields With Ex-Dividend Day May 21 - 27, 2012
    Sat, May 19 • Dividend Sheet • Comment!
  • Stock Market Watch Starting May 15: European Stocks Worth Watching As Europe Melts
    Tue, May 15 • danielosborne • Comment!
  • SAP runs VMware to provision private clouds that support complex and critical training applications
    Tue, Dec 20, 2011 • Dana Gardner • Comment!
  • The Eurozone Breakup Portfolio
    Tue, Nov 8, 2011 • TomAspray • Comment!
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Company Description

As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business... More

Sector: Technology
Industry: Application Software
Country: Germany