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SAP to Acquire Procurement Software Vendor Ariba for $4.3 Billion

SAP will pay $45 a share, or 20% more than Ariba’s May 21 closing price. The price paid is a hefty one, coming in at about 106 times Ariba‚Äôs trailing EBIDTA.

Now, that’s betting on growth.

Posted using Tinydesk Writer iPhone app

About me

I am Chris Jacob Abraham and I live, work and blog from Newburgh, New York. I work for IBM as a Senior consultant in the Fab PowerOps group that works around the issue of detailed Fab (semiconductor fab) level scheduling on a continual basis. My erstwhile company ILOG was recently acquired by IBM and I've joined the Industry Solutions Group there.

@ SCM Clustrmap

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