All safe and sound in the SAP boardroom, so we're told

    By: Mr. Adrian Bridgwater on Apr 19, 2011

    We don't normally run corporate news or alerts here on ISUG's Database and Developer digest -- but you may be interested to read that all is reportedly well among our lords and masters in the SAP boardroom despite rumours of corporate takeovers.

    A report in the UK's Financial Times newspaper specifies that SAP's co-chief execs have pledged to defend the company's independence through rapid growth in sales and market capitalisation.

    In a joint interview, Jim Hagemann Snabe and Bill McDermott told the Financial Times that the German group’s jump in market value since they took over in February last year had given it enough “swagger” to be shielded from a takeover.

    “We do things that move the company forward, whether that is organic, through partnerships or joint ventures, or even M&A,” said Mr McDermott.

    Writing on, journalist Warwick Ashford says that during 2011, SAP plans a host of new applications that use SAP's in-memory appliance as well as SAP's mobile technologies acquired along with Sybase.

    Released: April 19, 2011, 2:42 am | Updated: March 22, 2014, 5:01 pm
    Keywords: SAP News | SAP




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