SAP AG has announced plans to buy Ariba Inc in a deal valuing the business and commerce network company at $4.3 billion (2.73 billion pounds).
Carter Lusher, chief IT analyst at Ovum, has the following comments:
"This acquisition is less about Ariba's global trading network than a "talent grab" about the business issues of cloud computing and technical insights on developing applications for the cloud. However, per Ovum's MANTRA analysis [see attached] this acquisition has many other motivations as well. These include marketplace factors like acquiring customers and revenue stream and moving into adjacent markets in addition to building block
Carter Lusher, chief IT analyst at Ovum, has the following comments:
"This acquisition is less about Ariba's global trading network than a "talent grab" about the business issues of cloud computing and technical insights on developing applications for the cloud. However, per Ovum's MANTRA analysis [see attached] this acquisition has many other motivations as well. These include marketplace factors like acquiring customers and revenue stream and moving into adjacent markets in addition to building block
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