Hints and tips:
...Over the past eight years SAP has spent $28.6bn acquiring a number of cloud-based platforms and database software companies including Ariba, SuccessFactors, Hyrbis and Fieldglass, according to Dealogic....
...Steve Hunt of SAP SuccessFactors, which supplies such tools, says one company had trouble restructuring staff after it ditched its rating system....
...They include SuccessFactors, which sells services to corporate personnel departments, for $3.5bn in 2011....
...In January this year, Plan International signed a deal with SuccessFactors, a US-based provider of cloud-based human capital management (HCM) software....
...He adds: “Software companies such as SuccessFactors are embedding technology in their learning management systems that lets employees capture video with smartphones and create an ever growing library of...
...And the €1bn cloud revenue in 2013 and €2bn expected by 2015 comes from pricey acquisitions – Ariba and SuccessFactors together cost $8bn....
...This strategy led it to make two multibillion euro acquisitions last year of SuccessFactors and Ariba....
...Last year it acquired SuccessFactors and Ariba, two multibillion-euro acquisitions. Operating margins fell 9.2 percentage points compared with 2011 to 25.1 per cent....
...Both Taleo and SuccessFactors offer cloud-based recruitment and talent management services, as well as consultancy....
...In 2010 it bought Sybase, the mobile software specialist, for $5.8bn and has since spent a combined $7.7bn on SuccessFactors and Ariba to strengthen its cloud business....
...While not top of the range – SAP itself paid nine times forward sales when it bought SuccessFactors for $3.4bn this year – it is hardly cheap....
...“The acquisition positions IBM in the talent management segment of the HR market, primarily against Taleo, recently acquired by Oracle, and to a lesser degree against SuccessFactors, recently acquired by...
...It bought Crossgate, a business-to-business document and data exchange service last September for an undisclosed sum and paid $3.4bn in December for SuccessFactors, a provider of online tools for managing...
...SAP, for example, admitted it could not build its own cloud computing software fast enough and so opted to buy SuccessFactors for $3.4bn at the end of 2011....
...In December, SAP agreed to buy SuccessFactors, a provider of cloud-based human resource management software, for $3.4bn to boost its presence in the fast-growing cloud computing sector....
...It is dependent on getting agreement from a majority of SuccessFactors’ shareholders....
...SuccessFactors’ third-quarter revenue growth of about 70 per cent – about six times higher than RightNow’s – helps to justify the additional premium....
...SAP’s total revenues increased 14 per cent to €14.2bn last year, excluding the takeover of SuccessFactors, which is yet to close....
...SuccessFactors provides software that helps companies manage their workforce, hosted in remote data centres or “the cloud”....
...SuccessFactors has designed systems that incorporate these varying practices....
...announced on Monday, has put a valuation of $2bn on the business, according to one person familiar with the transaction – not far shy of the values accorded to public SaSS companies like Netsuite ($2.1bn) and SuccessFactors...
...That included SuccessFactors, which cited NYSE’s pending merger with Deutsche Börse as a key attraction....
...Weekend headlines from the FT and other UK media:* From The FT, - SAP buys SuccessFactors for $3.4bn cash, in an effort to make itself a cloud powerhouse - Equity Residential to take 26.5%...
...SuccessFactors, which markets business education courses, rose 9.3 per cent to $26.24. The Nasdaq Composite index was up 2.4 per cent to 2,699.44 at the close....
...Earlier this year, Imax, the cinema technology group, and Successfactors, a business software firm, switched to NYSE from Nasdaq. “The fact is, you’ve got two exchanges in a heated battle....
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