SuccessFactors works the other side of the deal
Posted by Brenon Daly on December 6, 2011
Contact: Brenon Daly In one of the quickest M&A turnarounds, SuccessFactors has gone from a seller to a buyer in just a matter of days. The human capital management (HCM) vendor announced over the weekend that it would be selling itself to SAP for $3.4bn in cash, the largest-ever SaaS deal. The ink was hardly [...]
SAP looks to SuccessFactors for success in the cloud
Posted by Brenon Daly on December 5, 2011
Contact: Brenon Daly After struggling for years to build its own on-demand offering, SAP plans to buy its way into cloud-based software, handing over $3.65bn for SuccessFactors in what would be the largest-ever SaaS acquisition. The deal combines the largest ERP vendor, which has some 500 million users, with the fast-growing human capital management (HCM) [...]
BMC rumored to be going mobile
Posted by Brenon Daly on December 2, 2011
Contact: Brenon Daly Rumors are swirling that BMC will announce the acquisition of AirWatch, a purchase that would extend the systems management provider’s reach into the fast-growing mobile device market. The deal, which may print next week, would mark the first major move to consolidate the highly fragmented mobile device management (MDM) space, a market [...]
Synopsys heats up EDA M&A with Magma buy
Posted by Tejas Venkatesh on December 1, 2011
Contact: Thejeswi Venkatesh After sitting out of the market for the first eight months of the year, Synopsys is suddenly on a buying spree. Having snapped up two smaller players in as many months, the largest electronic design automation (EDA) player has announced a definitive agreement to buy Magma Design Automation for $7.35 per share [...]
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