SAP buys $2.4 bln U.S. software firm

ReutersNewsPublished: January 30, 2018
Published: January 30, 2018

Europe's top technology company SAP has announced a $2.4 billion U.S. acquisition to help it boost revenues from its cloud platform and CEO Bill McDermott said it would streamline its overall business this year to bolster margins. As Sonia Legg reports, the German company is midway through a strategic transition.

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