My Tweet Room

Sunday, December 4, 2011

SAP buys US software company SuccessFactors for $3.4 bln

ermany's SAP, a software company specialising in human resources functions, on Saturday announced it was to acquire US company SuccessFactors for $3.4 billion.

Under the deal, an American subsidiary will pay $40 per share in cash for SuccessFactors, 52 percent more than the closing stock price on Friday, a statement said.

The deal is the latest development in the growing rivalry between SAP and competitor Oracle.

2 comments:

Thanks for the great information ,was looking for this information from long.Great blog SAP HR Training in Chennai

Best blog.Got to learn new things.Thanks for this Blog SAP BASIS Training in Chennai

Post a Comment

Twitter Delicious Facebook Digg Stumbleupon Favorites More