SAP acquires SuccessFactors for $3.4 billion

SAP has announced plans to acquire cloud-based business software provider SuccessFactors for $40 per share, a 52 percent premium over the company’s closing price of $26.25 on December 2. The deal is worth $3.4 billion. SuccessFactors provides online tools for managing employee performance, including performance management, setting goals and managing to them, setting compensation accordingly, … Continue reading SAP acquires SuccessFactors for $3.4 billion