Post Tagged with: "SAP"

SAP Plans to Buy Internet Marketing Company SeeWhy; Terms Not Disclosed

May 27, 2014 at 9:00 pm 0 comments

SAP AG (SAP) plans to acquire SeeWhy Inc., an Internet marketing company based in Boston. Terms of the agreement weren’t disclosed. SAP expects to complete the transaction in Q2 2014, subject to regulatory and other closing conditions. SAP closed Monday at $75.42 a share and was inactive in recent pre-market trading, in aRead More

SAP Business Cuts Include 3% of Workforce

May 27, 2014 at 8:20 pm 0 comments

SAP’s (SAP) plans to trim its business will affect about 3% of its employees, the Wall Street Journal reported Monday as the business software maker detailed its plans to restructure. SAP has about 67,000 employees. Business has slowed as more customers are turning to cloud applications that reduce maintenance expenses. SalesRead More