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    SAP Invests $8 Billion in Cloud Computing; Sven Denecken Comments

    SAP is changing its cloud strategy, starting with $8 billion in investments in cloud computing firms like SuccessFactors and Ariba, Business Insider reports. SAP Vice President of Strategy for the Cloud, Sven Denecken, said that SAP’s acquisition strategy is “all about speed and not consolidation.” This year alone, SAP  acquired SuccessFactors for $3.4 billion and […] More

  • SuccessFactors to be an SAP Cloud Company - top government contractors - best government contracting event
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    SuccessFactors to be an SAP Cloud Company

    SAP America, Inc., a SAP AG subsidiary, recently announced it has entered into a definitive merger agreement with SuccessFactors for approximately $3.4 billion. Through the agreement, a SAP subsidiary would acquire all outstanding common stock shares of SuccessFactors. SuccessFactors’ board approved the transaction, which is expected to close in the first quarter of 2012.  As a […] More

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