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SAP finance chief says could look at big acquisitions again: report

25
Jan
2014

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 May, declined to name any potential targets. SAP on Tuesday pushed back its profit target by two years as it waits for subscription revenue from cloud computing to gather pace and invests more in the business to keep up with a fast-growing market. …

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