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SAP to buy Ariba for $4.5B, extending cloud push Business software maker SAP AG on Tuesday said it will buy Ariba Inc., which makes Web-based software that connects suppliers and buyers online, for about $4.51 billion.
SAP wants to add Ariba CEO to management board FRANKFURT (Reuters) - SAP said on Tuesday it wanted to add Ariba's Chief Executive Bob Calderoni to the German business software maker's global managing board after closing the $4.3 billion deal. The company expects to close the acquisition in the third quarter and the transaction is expected to be accretive to SAP's earnings per share in 2013. (Reporting by Harro ten Wolde)
If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.
