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Posts Tagged ‘German business software firm’

By Harro Ten Wolde FRANKFURT (Reuters) – German business software maker SAP raised its 2014 outlook for its web-based software services as its customers switch to these so-called cloud-based products more quickly than expected to save money. The company now expects revenue from cloud subscriptions and support revenue to come in at between 1 billion […]

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Business software firm Hyland said on Wednesday it had made a 1.3 billion Swedish crown ($198 million) cash bid for Sweden’s Readsoft , topping a bid from printer maker Lexmark last month. Privately held Hyland Software said in a statement it offered 42.86 crowns per share in Readsoft, 7 percent above the 40.05 crowns offered […]

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FRANKFURT (Reuters) – German business software firm SAP reported a 6 percent gain in fourth-quarter operating profit but saw growth limited by adverse currency effects. Fourth-quarter operating profit, excluding special items, came to 2.09 billion euros ($2.84 billion), it said on Friday. Profit would have grown by 14 percent at constant currencies, it said. The […]

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