SAP buying SuccessFactors for $3.4 billion

SAP America is paying US$3.4 billion for SuccessFactors, a provider of cloud-based human capital management. Lars Dalgaard, founder and CEO of SuccessFactors, will join SAP to lead its cloud business, while continuing to head SuccessFactors, which will be run as an independent company.

(More to come.)

This story, "SAP buying SuccessFactors for $3.4 billion" was originally published by IDG News Service .

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