ariba

SAP buying Ariba with plans for a cloud super-network

SAP America is looking to develop "the business network of the future" with the acquisition of cloud-based business commerce network Ariba at the price of $45 per share. That rounds out to roughly approximately $4.3 billion.

Each party brings something significant to the table here. Ariba already has the buyer-seller collaboration network, which is intended to compliment SAP's existing customer base as well as its B2B solutions. Thus, this really gives SAP a big push in the cloud space.

SAP will also be bringing its own resources to boost Ariba. For example, SAP is integrating its … Read more