And we’re off to the races again as SAP buys hybris, a Swiss e-commerce specialist, to expand its reach into a $37 billion market.
Dalgaard is off to become an investor, although he will remain a cloud advisor to SAP. Meanwhile, the company is consolidating its cloud development processes, with a view to eventually streamlining its portfolio.
Enterprise software giant SAP is buying Ariba in a $4.3 billion move that will give it control of what may be world’s largest online marketplace. Businesses worldwide use Ariba’s e-commerce and procurement services to buy and sell all sorts of goods and services.