Cloud Computing: SAP Buys SuccessFactors for $3.4 Billion
SYS-CON Media (press release)
SAP, which hasn't been able to get much cloud traction on its own, said Saturday that it's buying SuccessFactors and its web-based software for $3.4 billion. The $40-a-share cash offer amounts to a hungry 52% premium or 16.5 times SuccessFactors' …
Why SAP bought SuccessFactorsCNNMoney
Cloud stocks jump on SAP bid for SuccessFactorsYahoo! 7 News

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