By Harro Ten Wolde FRANKFURT (Reuters) – German business software maker SAP said on Thursday it has agreed to acquire U.S.-based expense management software maker Concur Technologies Inc in an all-stock deal valued at $7.3 billion that expands its presence in internet-based software or so-called cloud computing. SAP said in a statement it would offer […]
By Eric Auchard and Harro Ten Wolde FRANKFURT (Reuters) – A Frankfurt judge granted a reprieve to Uber, the online transportation service, setting aside a temporary injunction issued two weeks ago against the Silicon Valley company from operating a novel car-sharing service across Germany. Frankfurt Regional Court Judge Frowin Kurth said on Tuesday that the […]
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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