Software SAP has announced that it is the business software provider SuccesFactors want to take over. The German firm has a amount of $ 3.4 billion for the acquisition of the American company.
The California-based SuccesFactors is active in the market for cloud computing and provides software for human resource departments. With the software, companies can the performance of employees in mapping and analysis. SuccesFactors made four years ago, its debut on the stock exchange and now has more than 3,500 customers. More than 15 million subscribers in 168 countries use the software of SuccesFactors.
SAP has let them know that SuccesFactors, 1450 employees, a separate business unit. Lars Dalgaard, founder and ceo of SuccesFactors, will join the board of directors of SAP and will be for the German softwareconcern the cloud-computing segment to lead. Bill McDermott, ceo of SAP, leaves a comment on the acquisition to know that the acquisition should help the target of a turnover of 20 billion euros in 2015 to achieve, reports Bloomberg.
With the acquisition of SuccesFactors for $ 3.4 billion, wants to SAP a better position on the market for cloud computing. According to analysts, continues to SAP behind at competitor Oracle in the provision of saas software. Oracle bought end of October for 1,43 billion dollar RightNow Technologies, a company with software for customer relationship management on the web provides.