I don’t get it. An employee performance software ( in a few words – SuccessFactors), being bought for 3.4 billion dollars. SAP should get their present act straight. How can the head honchos even come to a decision like this and a company falling for the cloud business game.
The icing on this is JP Morgan chase assisting SAP in procuring a 1 billion Euro loan for this buy, and guess what the SAP heads say they will repay this within a year because of the strong forecast they have for 2015 revenues. Guess what do you think the current head of SAP will exist then, he would have already walked off and left the bones of SuccessFactors to be buried by his successor.
Still don’t get it????? Did not think that the year end would have such ignorant moves. Well I guess we have more to come in the next 28 days…..wait and watch….
