back to article SAP fluffs up cloud biz with $3.4bn buy

SAP is shoring up cloud computing capabilities with the acquisition of SuccessFactors, a human resources software firm, for $3.4bn cash. SAP is paying a hefty premium for SuccessFactors - some 52 per cent above the closing price on Friday, December 2 (the day before the acquisition was announced) and some 10 times revenues. …

COMMENTS

This topic is closed for new posts.
  1. Anonymous Coward
    Anonymous Coward

    Nickname

    SAP = Shit And Problems

  2. Anonymous Coward
    Anonymous Coward

    Or

    SAP - Shut-up And Pay

    SAP see their customer base as milk cows; and they are going to squeeze our teats to get every last drop.

  3. Adam Trickett

    Or...

    Salary Acceleration Program - for the people qualified to deliver it...

    I believe it officially stands for nothing these days, though it did many years ago... When it did stand for something it was in German and use to mean "Systeme, Anwendungen, Produkte in der Datenverarbeitung" - in English that's Systems, Applications and Products in Data Processing.

This topic is closed for new posts.

Other stories you might like