SAP on shopping tour (again)
In 2005, SAP spend about 242 Million Euros (about
$300,000,000) for acquisitions. SAP CFO Werner Brandt wants to spend more money
for acquisitions this year. In an interview with weekly news paper "Euro am Sonntag",
Brand confirms that SAP is mostly interested in smaller companies and their
technology. While Oracle is following with its acquisitions, focusing on large
companies, a different strategy, SAP CEO Henning Kagermann explains that
acquisitions are only the second best strategy, "organic growth" would be
better.
Posted: Sun - April 30, 2006 at 08:40 AM |
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Published On: Apr 30, 2006 08:40 AM
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Published On: Apr 30, 2006 08:40 AM