Sunday, December 4, 2011

Science News Headlines | Latest Science News Articles – Yahoo! India News: SAP to buy SuccessFactors for $3.4 bln

Science News Headlines | Latest Science News Articles – Yahoo! India News
Latest Science news headlines from Yahoo! India News. Find science news articles, videos, pictures and in-depth Science coverage from India and around the world.
SAP to buy SuccessFactors for $3.4 bln
Dec 4th 2011, 11:14

photoDec 3 - Germany's SAP announced a $3.4 billion cash deal to buy U.S. Web-based software company SuccessFactors , joining the scramble among technology firms to offer cloud-computing services to businesses. SAP said on Saturday it would pay $40 per share for SuccessFactors, a premium of 52 percent over both its Friday closing price and the one-month volume-weighted average price, making it expensive for any rival bidder that might want to put in a counter bid. ...


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