Tuesday, May 22, 2012

SAP Announces Intent to Purchase Ariba - $4.3BN

Ariba, the Sunnyvale, California, based cloud computing developer, is the latest acquisition target for SAP. According to SAP, Ariba "is the leader in cloud-based collaborative commerce applications and the second-largest cloud vendor by revenue." The purchsase price is said to be US$4.3 billion.

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