Sunday, January 25, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NVIDIA Comments On GeForce GTX 970 Memory Allocation Reports
Google Comments On Lack Of Security Patches On Older Android Phones
Sony is Offering Old Games To Settle The 2011 PlayStation Network Breach
Sony Postpones Earnings Announcement
January Windows 10 Build Released Through The Windows Insider Program
Flexible Computers Are Stil Away From Reality
China Denies Microsoft Outlook Hacking Allegations
A Look at Microsoft's New Spartan Browser
Active Discussions
HELP!!!
full screen wide screen
UDF errors
Hi
The Simplest Way to Download KODAK HERO 7.1 Driver
About the restriction problem of chapter quantity in DVD
Booktype utilities for LiteON and OEM DVD Recorders
downgrade a nero vision 5 project to nero vision 2
 Home > News > General Computing > SAP To ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, May 22, 2012
SAP To Expand To Cloud Computing With Ariba Acqusition


SAP?s subsidiary, SAP America, Inc., has entered into an agreement to acquire Ariba Inc., a cloud-based business commerce network, for $45.00 per share, representing an enterprise value of approximately $4.3 billion.

The acquisition will combine Ariba?s buyer-seller collaboration network with SAP?s customer base and business process expertise to create new models for business-to-business collaboration in the cloud.

The Ariba board of directors has unanimously approved the transaction. The transaction is expected to close in the third quarter of calendar year 2012, subject to Ariba stockholder approval, clearances by relevant regulatory authorities and other customary closing conditions.

Headquartered in Sunnyvale, California, Ariba has approximately 2,600 employees. The company is a leader in cloud-based collaborative commerce applications and the second-largest cloud vendor by revenue.

Upon completion of the transaction, it is planned to consolidate all cloud-related supplier assets of SAP under Ariba. The existing management team will continue to lead Ariba, which will operate as an independent business under the name "Ariba, an SAP company."


Previous
Next
ICANN Resumes Bids For New Internet Addresses        All News        Youtube And GEMA Continue Legal Battle In Appeals Court
ICANN Resumes Bids For New Internet Addresses     General Computing News      Youtube And GEMA Continue Legal Battle In Appeals Court

Get RSS feed Easy Print E-Mail this Message

Related News
WhatsApp Could Soon Reach Your Desktop
WhatsApp to Provide end-to-end Encryption
Oracle, SAP Settle Lawsuit
IBM and SAP Partner On Enterprise Cloud
Microsoft Extend Cloud Colaboration with SAP
SAPPHIRE Intros Low Profile Radeon R7 240 Card For Your HTPC
WhatsApp Messenger To Get Voice Calls
SAPPHIRE To Exclusively Distribution AMD FirePro Professional Graphics
HP and SAP Demonstrate SAP HANA System
New Radeon HD 7790 2GB OC Graphics Card by Sapphire
Sapphire Releases Graphics Accelerator for Mac Pro
Sapphire Announces the EDGE HD4 Mini PC

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .