Snabe: "Further acquisitions are possible" for SAP




Tom Paine



When SAP co-CEO Jim Hagemann Snabe says the company is considering making other acquisitions, as he told a German newspaper in an article appearing in its Monday edition, I listen, because his statements have proven to be accurate predictors. He made similar comments shortly preceeding two of its past three big deals - Sybase and SuccessFactors - though I don't recall if he made such a comment before the Ariba acquisition was announced.

In this case, though, he did specify that that there were no concrete plans at present for any purchases, according to Reuters' report on the original article. So I wouldn't expect anything within the next few months at least. And I would guess that SAP would like to get the Ariba deal done (DOJ came back for more information) before swallowing any other large foreign objects.

Nonetheless, Snabe's comments will probably start a whole new round of the popular guessing game "Who will SAP buy next", with enterprise social media (Jive, Lithium?) near the top of many lists as it has been for a while.


permalink



Philly Tech People News 8/19/2012: Tonight Show’ Cuts Latest In Wave Of NBC Layoffs & Cost Trims Imposed By Comcast




‘Tonight Show’ Cuts Latest In Wave Of NBC Layoffs & Cost Trims Imposed By Comcast (Deadline)

After Olympics success, Bell poised for promotion at NBC (Reuters via Chicago Tribune)

Cristobal Conde Appointed Executive Chairman of True Office
Former President and CEO of SunGard Lends Talent to Innovative Gamification Company for Risk and Regulatory Compliance Training
(PR Newswire)

Genomind Welcomes New Executive Team Member
Mr. Hill Meade will manage the company’s information services and technology.
(PR Web)

Wilson Legal Appoints Rob Beisswenger as Senior Director of Professional Services (PR Newswire)

GlobalSubmit Opens New Office in San Diego, Announces Key Hire (PR Newswire)

Growth Innovation Advisors Announces Its Official Launch
Executive Recruiting Firm Specializes in Go-To-Market Leaders
(Globe Newswire)




Subscribe to Philly Tech People News by Email


permalink