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Posts Tagged ‘German business software maker’

FRANKFURT (Reuters) – German business software maker SAP could start looking at large acquisition targets again, particularly among cloud computing firms, its finance chief was quoted as saying by weekly Euro am Sonntag. We could look at almost any size, SAPs Chief Financial Officer Werner Brandt was quoted as saying. Brandt, who will retire in […]

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German business software maker SAP said on Tuesday that additional investments in its cloud business would delay reaching its profit target. SAP said its operating margin goal of 35 percent would now be reached in 2017 instead of 2015. SAP and rivals such as IBM and Oracle are dashing to meet surging demand for cloud […]

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