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SAP buys $2.4 bln U.S. software firm

Tuesday, January 30, 2018 - 01:06

Europe's top technology company SAP has announced a $2.4 billion U.S. acquisition to help it boost revenues from its cloud platform and CEO Bill McDermott said it would streamline its overall business this year to bolster margins. As Sonia Legg reports, the German company is midway through a strategic transition.

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Europe's top technology company SAP has announced a $2.4 billion U.S. acquisition to help it boost revenues from its cloud platform and CEO Bill McDermott said it would streamline its overall business this year to bolster margins. As Sonia Legg reports, the German company is midway through a strategic transition.

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SAP buys $2.4 bln U.S. software firm

Tuesday, January 30, 2018 - 01:06