Wednesday, May 23, 2012

Update: SAP buying e-commerce vendor Ariba for $4.3 billion

SAP is buying cloud-based e-commerce vendor Ariba for $4.3 billion, the companies announced Tuesday. Ariba's platform focuses on business-to-business commerce transactions. It makes a natural fit with SAP's "broad customer base and deep business process expertise," SAP said in a statement.

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