SAP to Expand Cloud Presence with Acquisition of Ariba
Supply Chain Network
MAY 23, 2012
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.