So the question is who is next? Its closest competitor to SuccessFactors is be Taleo (TLEO). It's up currently up 18% on the news today. Who could buy it? SAP competitor Oracle (ORCL) is a possibility.
Monday, December 5, 2011
SAP buys SuccessFactors, who is next?
SAP (SAP) bought SuccessFactors (SFSF) for $3.4B to expand its cloud products. This represents a 52% premium to Friday's close. SuccessFactors is an HR cloud software provider. This sector is also know as Software as a service (SaaS).
So the question is who is next? Its closest competitor to SuccessFactors is be Taleo (TLEO). It's up currently up 18% on the news today. Who could buy it? SAP competitor Oracle (ORCL) is a possibility.
So the question is who is next? Its closest competitor to SuccessFactors is be Taleo (TLEO). It's up currently up 18% on the news today. Who could buy it? SAP competitor Oracle (ORCL) is a possibility.
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