SAP says it will buy Ariba for $4.5B

NEW YORK (AP) -- Business software maker SAP AG says it will buy spending-management software company Ariba Inc. for about $4.51 billion....

Business software maker SAP AG on Tuesday said it will buy Ariba Inc., which makes Web-based software that connects suppliers and buyers online, for about $4.51 billion.

Business software maker SAP AG on Tuesday said it will buy Ariba Inc., which makes Web-based software that connects suppliers and buyers online, for about $4.51 billion.

SAP AG, the largest business-management software maker, agreed to buy Ariba Inc.

(Reuters) - SAP AG said it would buy software and information technology services company Ariba Inc for about $4.5 billion in cash. The $45 per share offer represents a premium of nearly 20 percent to Ariba's close on Monday. (Reporting by Sayantani Ghosh in Bangalore; Editing by Viraj Nair)

In a deal that marks the latest sign of consolidation in the enterprise software segment, SAP has announced a deal to buy supply chain network operator Ariba for $45 a share in cash, or about $4.3 billion. Ariba had 2011 revenue of $444 million. For the September 2012 fiscal year, consensus estimates were for Ariba ...

(Reuters) - SAP AG said it would buy software and information technology services company Ariba Inc for about $4.5 billion in cash.

The largest maker of business-management software agrees to buy San Mateo-based SuccessFactors Inc. for $3.4 billion.Germany's SAP, the largest maker of business-management software, agreed to buy SuccessFactors Inc. of San Mateo, Calif., for $3.4 billion in cash to keep pace with archrival Oracle Corp.