Ariba Technologies (Nasdaq-ARBA) Message Board

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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)

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From: Sr K	5/22/2012 3:23:21 PM
	of 2110

SAP to Expand Cloud Presence with Acquisition of Ariba Combination Creates the Business Network of the Future; Provides Open Business Commerce Community and Procurement Solutions in the Cloud; Network to Benefit from SAP's Flagship In-Memory Platform, SAP HANA WALLDORF, Germany and SUNNYVALE, Calif., May 22, 2012 /PRNewswire/ -- SAP AG ( SAP) and Ariba, Inc. ( ARBA) today announced that SAP's subsidiary, SAP America, Inc., has entered into an agreement to acquire Ariba, the leading cloud-based business commerce network, for $45.00 per share, representing an enterprise value of approximately $4.3 billion. The acquisition will combine Ariba's successful buyer-seller collaboration network with SAP's broad customer base and deep business process expertise to create new models for business-to-business collaboration in the cloud. finance.yahoo.com

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