SAP on Tuesday announced its intention to buy Ariba for $4.3 billion, a 19 percent premium on Ariba’s market capitalization.
The move comes soon after SAP’s SuccessFactors February buy and shows that SAP is quickly and aggressively acquiring its way to a full cloud business services capability. The announcement caps SAP’s user conference last week and the cloud and data services news from it, including cloud suite offerings like SAP Business ByDesign and SAP Business One.