Arriba Ariba! “Ebay” for enterprises – SAP moves forward in the cloud

by Thomas Leonhardi (SAP - Global Head of TV Media Relations on May 24, 2012

SAP moves forward in the cloud. SAP announced a planned takeover of Ariba – a leader in cloud-based collaborative business commerce. The SAP co-CEOs Jim Hagemann Snabe and Bill McDermott talked in a joint interview to CNBC Squawk Box about the planned acquisition. Bill McDermott stated that there will be truly huge enterprise productivity from Ariba and SAP. “We found the right price and we see synergies with Ariba”, added Jim Hagemann Snabe.

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