SAP to Expand Cloud Presence with Acquisition of Ariba

Supply Chain Network

The acquisition will also significantly boost SAP’s cloud applications portfolio with the addition of Ariba’s leading cloud-based procurement solutions. Headquartered in Sunnyvale, California, Ariba has approximately 2,600 employees. Industry experts estimate the cloud-based enterprise network and procurement segment at a current size of $5 billion in revenue. Germany: +49(0)89 2030 3201. SAP AG (NYSE: SAP) and Ariba, Inc.

A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

China’s low prices have historically undercut global prices and pushed out foreign competitors –– such as the Mountain Pass mine in California, which closed in 2002.