SAP to pay $3.4B for SuccessFactors
Sunday, December 4, 2011 - 14:00
in Mathematics & Economics
(AP) -- SAP said Saturday it is paying $3.4 billion to acquire SuccessFactors, a software company specializing in human resources tasks. It is the latest move in the escalating rivalry between SAP and Oracle Corp., and underscores the increased interest in technology companies that deliver software over the Internet, or in the so-called "cloud."