After less than two years, Welsh, Carson, Anderson & Stowe is looking to exit Triple Point Technology, four sources tell peHUB.
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Germany’s SAP will pay $3.4 billion in cash to buy Web-based software company SuccessFactors, in a deal that helps the company compete in the realm of cloud computing, Reuters reported. SAP is paying $40 per share for SuccessFactors, a premium of 52% over both its Friday closing price and the one-month volume-weighted average price, Reuters wrote. SuccessFactors went public four years ago, and makes makes human resources software.
Flash Crash: We just had a hearing yesterday; yet another panel is coming. This crash is the best thing to happen for bureaucracy since the Kremlin.
The Fed: Its superpowers remain intact; it will continue to oversee small banks.
SAP: It’s buying Sybase for $5.25 billion. Like so much in life, the deal is really about Oracle.
SAP AG (NYSE: SAP) has agreed to acquire TechniData AG, a German provider of end-to-end solutions for the environment, health and safety sectors. No financial terms were disclosed. Technidata raised funding in 1999 from Dresdner Kleinwort Capital. PRESS RELEASE Continuing its focus on providing market-leading sustainability solutions to customers worldwide, SAP AG (NYSE: SAP) today announced [...]
NEW YORK (Reuters) – Germany’s SAP (SAPG.DE) bought privately held Clear Standards, a small maker of software that helps businesses manage greenhouse gas emissions, SAP Co-Chief Executive Leo Apotheker said on Monday. He did not discuss financial terms of the acquisition, which he disclosed at a press conference in New York. Sterling, Virginia-based Clear Standards [...]
Coghead Inc., a Mountain View, Calif.-based provider of a Web-based application creation and delivery platform, has ceased operations and sold its intellectual property to SAP. The company had raised around $12 million in VC funding from American Capital Strategies, El Dorado Ventures and SAP Ventures. www.coghead.com