After an 11 day trial whose highlights included the hilarious “Where In The World Is HP CEO Leo Apotheker?“ the Oracle vs. SAP intellectual property case has finally ended today in a whopping $1.3 billion dollar verdict, “The largest amount ever awarded for software piracy” according to Oracle co-president Safra Catz. → Read More
HP has just named their new CEO. No, it’s not Todd Bradley — a popular guess out of the current ranks (and clearly he was thinking about it as well). Instead, HP’s Board went outside and picked Léo Apotheker, the former CEO of SAP.
SAP today announced that it has extended the expiration of its cash tender offer for all outstanding shares of common stock of fellow business software company Sybase at a price of $65.00 per share or $5.8 billion in total.
The tender offer was previously scheduled to expire at 9:00 p.m., New York City time, on July 1, 2010 and has now been extended until the same time on July 16, 2010. → Read More
SAP this morning announced its intent to acquire TechniData, a provider of product safety and environmental, health and safety solutions. Through this acquisition of its longtime partner, SAP intends to expand its product portfolio as well as its “market and thought leadership in sustainability”.
Terms and purchase price are not publicly disclosed. → Read More
Yesterday we reported on the shutdown of Coghead, a web-based enterprise software editor that featured an unusually intuitive interface. Today, we were contacted by the company’s CEO Paul McNamara, who informed us that software giant SAP, which previously had invested in the company, has acquired Coghead’s intellectual property assets. While Coghead will cease operations, much of the company’s… → Read More
SAP, the world’s largest provider of business software, has agreed to buy Business Objects for €4.8 billion euros ($6.8 billion). Business Objects is a business intelligence software company with some 43,000 customers including over 80 percent of companies listed the Fortune 500. Business intelligence software taps into an organization’s disparate data “to provide meaningful… → Read More